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Allows a municipality, in which twelve percent (12%) of the housing in a municipality qualifies for low-income housing, to charge a tax up to ten percent (10%) of the current year’s gross scheduled rental income.
Brings various sections of the general laws relative to fire safety up-to-date to conform to the National Fire Prevention Act standards.
Increases the maximum tax from eight percent (8%) to twelve percent (12%) of gross scheduled rental income to be eligible for low-income housing.
Eliminates the ten dollar ($10.00) fee requirement for the sales tax permit.
An Act Relating To Businesses And Professions – Agency Relationships In Residential Real Estate Transactions (would Provide That A Real Estate Broker Or Salesperson Who Provides Assistance In A Real Estate Transaction Shall No Longer Be Deemed A Neutral Transaction Facilitator)
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