Bill > AB131

This bill provides a property tax exemption for accessory dwelling units (ADUs) that meet specific criteria under the Housing Choice Voucher Program (also known as Section 8). To qualify for the exemption, the ADU must be rented to a qualified tenant receiving housing assistance through a lease of at least 12 consecutive months, located on the same parcel as the owner's primary single-family residence, and comply with local zoning laws and any applicable community restrictions. Property owners seeking the exemption must annually submit verification from the public housing authority confirming the tenant's assistance status and a copy of the lease detailing the unit's square footage. The bill limits the exemption to one ADU per parcel and requires the county assessor to value the unit based on its replacement cost. An ADU is defined as a secondary living unit with a separate entrance, kitchen, bathroom, and sleeping area, and a qualified tenant cannot be an employee or closely related to the property owner. The legislation aims to incentivize the creation of affordable housing by offering a tax benefit to property owners who participate in the Housing Choice Voucher Program.

Budget and Finance, Government Affairs

https://www.leg.state.nv.us/App/NELIS/REL/83rd2025/Bill/12050/Overview