Single-family Home Rental Modifications

Summary

The bill makes owners and property managers of single‑family homes used as rentals register with the state and face penalties for non‑compliance. Landlords who own 25 or more such homes must pay an excise tax per unit, and municipalities can apply for competitive grants to help turn rental homes into owner‑occupied properties. It also adds notice requirements to the 2026 property valuation notice and sets a future repeal pending legislative review.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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