AB 1199
(Gipson)

Imposes an 25% excise tax on landlords who rent 10 or more single family homes or 25 or more multifamily properties with 5 or more units, to be used to fund a variety of activities to benefit low-income renters.

History

  • March 4, 2021 – Referred to Asm. Revenue and Taxation and Asm. Housing and Community Development.
  • February 18, 2021 – Introduced.