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FISCAL NOTE
House Bill 406
Committee: Ways and Means General FundSponsor: Representative Adline Clarke
Analyst: Hunter Lapp Date: 04/09/2024
House Bill 406 as introduced would exempt county housing authorities from all taxation, which
would decrease receipts to various entities and funds by an undetermined amount, including the
State General Fund, Education Trust Fund, county, and municipal funds.
This bill would also provide further for the powers of such authority, including the making of
certain debts or equity financing, creation of profit or not-for-profit subsidiaries or other
business organizations, and contracting for design-build agreements.