Amends tax exemption for accessory dwelling units to incentivize rental to low-income households in larger counties.

This bill modifies the tax exemption for accessory dwelling units to allow counties with a population of 1,500,000 or more to exempt these units from taxation if rented to low-income households. The exemption applies to units that represent 30 percent or less of the value of the original structure. Counties can collect fees to cover administrative costs and designate officials to verify compliance. The exemption lasts as long as the unit is rented to a low-income household.

Amends tax exemption for accessory dwelling units to incentivize rental to low-income households in larger counties.

This bill modifies the tax exemption for accessory dwelling units to allow counties with a population of 1,500,000 or more to exempt these units from taxation if rented to low-income households. The exemption applies to units that represent 30 percent or less of the value of the original structure. Counties can collect fees to cover administrative costs and designate officials to verify compliance. The exemption lasts as long as the unit is rented to a low-income household.