relative to eligibility requirements for charitable and nonprofit housing projects.

Summary

The measure amends state tax law to require charitable and nonprofit senior housing or health‑care projects to meet strict eligibility rules—such as open enrollment, a written sliding‑scale fee policy, and at least 20% of residents receiving free or reduced‑cost services—to keep their property‑tax exemption. It targets nonprofit organizations that provide housing or health care for elderly and disabled residents. The goal is to ensure public benefits and prevent private profit from tax‑exempt facilities.

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