Establishes a fund to prevent and reduce homelessness by taxing business gross receipts.

The bill establishes the Housing First and Housing for All Fund, financed by a 0.25% tax on business gross receipts. The fund will support programs to prevent and reduce homelessness, including housing assistance, rental subsidies, and supportive services. The fund will also support construction and preservation of housing units, mental health services, and down payment assistance for homebuyers. The commissioner of revenue will manage the fund, with annual reports on its use and effectiveness.

Establishes a fund to prevent and reduce homelessness by taxing business gross receipts.

The bill establishes the Housing First and Housing for All Fund, financed by a 0.25% tax on business gross receipts. The fund will support programs to prevent and reduce homelessness, including housing assistance, rental subsidies, and supportive services. The fund will also support construction and preservation of housing units, mental health services, and down payment assistance for homebuyers. The commissioner of revenue will manage the fund, with annual reports on its use and effectiveness.