Mark Meek
- Democratic
- Senator
- District 20
Primary
Modifies provisions governing first-time home buyer savings accounts. Eliminates requirement that financial institution provide annual certificate with account details to account holders. Allows account holder to designate proposed first-time home buyer as beneficiary of account. Specifies information that must be provided] maintained by taxpayer claiming subtraction or exemption for accounts. Limits Department of Revenue rulemaking. Applies to all] first-time home buyer savings accounts whenever] created on or after January 1, 2024. Takes effect on 91st day following adjournment sine die.
In committee upon adjournment.
Referred to Revenue.
First reading. Referred to Speaker's desk.
Vote explanation(s) filed by Knopp.
Third reading. Carried by Meek. Passed.
Second reading.
Recommendation: Do pass with amendments. (Printed A-Eng.)
Work Session held.
Public Hearing held.
Referred to Finance and Revenue.
Introduction and first reading. Referred to President's desk.
| Bill Text Versions | Format |
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| A-Engrossed | |
| Introduced | |
| Senate Amendments to Introduced | |
| SFR Amendment -4 |
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| No related documents. |
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