Wisconsin: SB 178, introduced earlier this month, aims to incentivize housing developments in rural Wisconsin. The bill increases from 25 to 35 percent of the annual tax credits going to rural areas. The legislation also increases state tax credits from $42 million to $100 million annually. The bill has yet to have a hearing.
Washington: House Bill 1217 cleared the Senate last week, marking the first time both the House and Senate have approved rent control measures. The House version sets a cap of 7 percent on annual rent increases, while the Senate version allows for a 10 percent cap, adjusted for inflation based on the Consumer Price Index (CPI). The two chambers must now reconcile their differences before the bill can be sent to Governor Ferguson for final approval.
