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Mr. Ected

(9,687 posts) Sun Nov 1, 2020, 09:57 AM Nov 2020

What is House Bill #344 about?

Looks like it's abandoning the collection of intangible tax on no-interest loans made by charities for the purpose of building or repairing single-family homes. Is this to help non-profits such as Habitat for Humanity?

If so, I'd be good with it. If this is subterfuge, I'd like to know.

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What is House Bill #344 about? (Original Post) Mr. Ected Nov 2020 OP
My understanding is that it is to help non-profits brer cat Nov 2020 #1
It appears to be designed to help organizations like Habitat for Humanity to build a few more houses Hoyt Nov 2020 #2
 

Hoyt

(54,770 posts)
2. It appears to be designed to help organizations like Habitat for Humanity to build a few more houses
Reply to Mr. Ected (Original post)
Sun Nov 1, 2020, 10:15 AM
Nov 2020

by saving them some on property taxes.

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