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S04968 Summary:
BILL NO | S04968 |
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SAME AS | SAME AS A02179 |
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SPONSOR | JACKSON |
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COSPNSR | SALAZAR |
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MLTSPNSR | |
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Amd §156, Pub Hous L; amd §§31 & 85-a, Priv Hous Fin L | |
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Defines "probable aggregate annual income" for purposes of determining eligibility for limited profit and limited dividend housing companies, as the annual net income after federal, state and municipal income taxes are deducted from gross income of the chief wage earner. |