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A04241Introduced in the Assembly

Establishes the USDA construction tax credit for a percentage of the profit on any newly constructed home that is sold to someone qualifying with a USDA mortgage.

Introduced

Introduced by D. Billy Jones, District 115

What does this bill do?

Plain-English breakdown

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Official description

Establishes the USDA construction tax credit for a percentage of the profit on any newly constructed home that is sold to someone qualifying with a USDA mortgage.

Where it stands

enacting clause stricken

September 8, 2025

How did lawmakers vote?

No recorded vote is available for this bill yet.

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Bill history

  1. referred to ways and means

  2. enacting clause stricken

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