Establishes a one-year pilot program granting tax exemptions to landlords renting to long-term tenants with pets.

The bill establishes a one-year pilot program to grant landlords a general excise tax exemption for units rented to long-term tenants with pets. The Department of Taxation will conduct a survey to evaluate interest in the program and submit preliminary and final reports to the legislature. The program aims to address mental health and housing concerns by increasing pet-friendly housing, potentially reducing healthcare costs and homelessness. The pilot program will exempt a certain percentage of gross income from taxes for participating landlords.

Establishes a one-year pilot program granting tax exemptions to landlords renting to long-term tenants with pets.

The bill establishes a one-year pilot program to grant landlords a general excise tax exemption for units rented to long-term tenants with pets. The Department of Taxation will conduct a survey to evaluate interest in the program and submit preliminary and final reports to the legislature. The program aims to address mental health and housing concerns by increasing pet-friendly housing, potentially reducing healthcare costs and homelessness. The pilot program will exempt a certain percentage of gross income from taxes for participating landlords.