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HB 311: Tax Credits for Contributions to Assist Homebuyers

GENERAL BILL by Edmonds

Tax Credits for Contributions to Assist Homebuyers; Authorizes certain taxpayers to receive tax credit for contributions made to certain employees for specified expenses related to buying a home; provides maximum credit authorized in certain circumstances; authorizes taxpayer to receive tax credit for contributions made to certain programs; requires taxpayer to submit application; authorizes tax credit to be used against certain taxes; requires Department of Revenue to approve applications on first-come, first served basis; provides maximum amount of credits authorized for certain fiscal years; authorizes unused credits to carryforward for specified period of time; prohibits sale or transfer of certain credits; provides future repeal..

Effective Date: 7/1/2026
Last Action: 11/12/2025 House - Now in Ways & Means Committee
Bill Text: PDF

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  • Bill History

    Date Chamber Action
    11/4/2025 House • Filed
    11/12/2025 House • Referred to Ways & Means Committee
    • Referred to Housing, Agriculture & Tourism Subcommittee
    • Referred to Commerce Committee
    • Now in Ways & Means Committee

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  • HB 311, Original Filed Version (Current Bill Version) Posted 11/4/2025 at 10:18 AM

    Bill Text:   PDF
    Analyses:   None

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    212.1836 Page 2 (pdf)

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