An Act relating to improvements to residential properties
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Overview
This bill aims to make it easier for homeowners to finance improvements to their residences. It proposes to create a program that provides financial assistance for qualifying home renovations and repairs. The goal is to encourage property owners to invest in their homes and potentially boost local economies. The bill is currently under review by the Senate Ways and Means Committee.
Key provisions
- Creates a program for financing qualifying residential property improvements.
- Specifies eligible improvements that may be covered.
- Details the process for homeowners to apply for and receive assistance.
- Outlines potential funding sources for the program.
- Establishes criteria for determining ‘qualifying improvements’.
Who is affected
- Homeowners
- Property owners
- Construction industry
- Local economies
Bill text
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Sponsors
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2 on record
Primary sponsor
Cosponsor
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