Bill > SB6027

This bill modifies existing laws related to funding and exemptions for affordable housing and related services. It adjusts the maximum rate for a specific local sales and use tax that can be used for affordable housing and behavioral health facilities, allowing counties and cities to impose this tax without voter approval under certain conditions, and clarifies that at least 60% of the collected funds must be used for constructing, acquiring, or maintaining affordable housing, including emergency, transitional, and supportive housing, as well as behavioral health facilities, with specific income eligibility requirements for recipients. The bill also revises provisions for a different local sales and use tax, adjusting the timeline for its implementation and clarifying its use for acquiring, rehabilitating, or constructing affordable housing, funding operations and maintenance, or providing rental assistance, with a 20-year expiration for this tax. Additionally, it amends laws concerning a $183 surcharge on recorded documents, with a portion of the funds directed to various accounts for homelessness assistance, affordable housing, and a landlord mitigation program, and modifies the definition of "emergency housing" to align with existing state definitions. Finally, it extends an exemption from property taxes for nonprofit organizations providing recovery residences for an additional period.