Construction Cost Relief Act

Summary

The bill refunds the state sales tax paid on construction materials for new single‑family homes. The rebate is calculated after construction based on the home’s sale price or, for owners, the construction loan amount, with limits tied to a state housing index. It applies to homes whose construction begins on or after July 1, 2026, and the refund must be claimed within one year of completion.

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

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