A3506 — Promotes housing availability and prevents speculation by imposing fee for institutional ownership of certain unproductive residential property.

A3506 — Promotes housing availability and prevents speculation by imposing fee for institutional ownership of certain unproductive residential property. · Informed CitizenryThis bill proposes to impose a fee on institutional investors who own, acquire, or purchase 'subject property'—defined as unproductive real property zoned for residential use that has not maintai…Open in Informed Citizenry