Authorizes a tax credit for the purchase of certain homes
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SB 1336 — Authorizes a tax credit for the purchase of certain homes
Last action — Second Read and Referred S Economic and Workforce Development Committee
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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2In Committee
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3Passed Senate
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4Passed House
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5To Executive
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6Enacted
This bill is in committee in the Senate. Introduced December 01, 2025. It must pass committee before a floor vote.
Next likely step: a committee vote, then a floor vote in the Senate.
Prognosis
Where this bill stands today.
Odds of enactment
LowHow often bills like it became law.
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In Committee
Current position in the legislative process.
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1 sponsor
1 primary, 0 co-sponsors signed on.
Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.
Summary
SB 1336 - For all tax years beginning on or after January 1, 2027, this act authorizes a tax credit in the amount of $5,000 for a taxpayer that is a first-time home buyer purchasing an eligible blighted property, as described in the act. To be eligible, a taxpayer shall also enter into an agreement with the land clearance for redevelopment authority to use such property as a principal residence for at least two years following rehabilitation of the property, shall purchase the property within one year or contract for purchase within six months of applying for a tax credit, and shall meet certain income requirements as described in the act. The tax credit authorized by this act shall not be refundable or transferable, but may be carried forward for five years. This act shall sunset after six years unless reauthorized by the General Assembly. This act is identical to SB 404 (2025), SB 425 (2023), SB 719 (2022), SB 84 (2021), and HB 1588 (2020), and is substantially similar to SB 970 (2024). JOSH NORBERG
Bill Text
- Introduced 4342S.01I - Introduced Current pdf
Action History
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Second Read and Referred S Economic and Workforce Development Committee
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S First Read
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Prefiled
Sponsors
- Barbara Washington · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 198 not signed on
Sponsors (1)
Co-sponsors (0)
None.
Not signed on (198)
198 members have not signed on to this bill.
Show all 198 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does SB 1336 do?
- SB 1336 - For all tax years beginning on or after January 1, 2027, this act authorizes a tax credit in the amount of $5,000 for a taxpayer that is a first-time home buyer purchasing an eligible blighted property, as described in the act. To be eligible, a taxpayer shall also enter into an agreement with the land clearance for redevelopment authority to use such property as a principal residence for at least two years following rehabilitation of the property, shall purchase the property within one year or contract for purchase within six months of applying for a tax credit, and shall meet certain income requirements as described in the act. The tax credit authorized by this act shall not be refundable or transferable, but may be carried forward for five years. This act shall sunset after six years unless reauthorized by the General Assembly. This act is identical to SB 404 (2025), SB 425 (2023), SB 719 (2022), SB 84 (2021), and HB 1588 (2020), and is substantially similar to SB 970 (2024). JOSH NORBERG
- Who sponsors SB 1336?
- SB 1336 is sponsored by Barbara Washington.
- What is the current status of SB 1336?
- This bill is in committee in the Senate. Introduced December 01, 2025. It must pass committee before a floor vote.
- Where can I track SB 1336?
- Track SB 1336 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 2 months ago · updated continuously
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