SB 1: Workforce Housing & Housing Tax Credit

Official summary

Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.

The act allows a board of county commissioners and the governing body of a municipality to sell and dispose of property owned by the county or municipality, as applicable, to provide for affordable housing and allows a municipality to enter into a long-term rental or lease agreement for the development of affordable housing.     The act allows for the approval of a mutijurisdictional housing authority at a biennial local election instead of only during a general election or an election held on the first Tuesday in November of an odd-numbered year. The ballot question about establishing the authority may be combined with a question about a tax, impact fee, multiple-fiscal year debt, or other financial obligation.     The act allows a board of county commissioners to use ad valorem tax revenue for housing authorities, housing programs, and workforce housing.     The act entitles an entity subject to income tax to which a middle-income housing tax credit is transferred by a governmental entity or quasi-governmental entity to claim the credit without owning an interest in a qualified project.     The sale and use of construction materials by contractors is exempt from taxation if the materials are used by the state in its governmental capacity only. The act provides that 'governmental capacity' includes the construction of workforce housing projects undertaken by counties.(Note: This summary applies to this bill as enacted.)

Sponsors

Sponsors by party (alphabetical): Democratic 35 · Republican 4

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

1. March 25, 2026Governor Signed
2. March 18, 2026Signed by the Speaker of the House
3. March 18, 2026Sent to the Governor
4. March 17, 2026Signed by the President of the Senate
5. March 11, 2026Senate Considered House Amendments - Result was to Concur - Repass
6. March 10, 2026House Third Reading Passed - No Amendments
7. March 9, 2026House Second Reading Special Order - Passed with Amendments - Floor
8. March 4, 2026House Committee on Transportation, Housing & Local Government Refer Unamended to House Committee of the Whole
9. February 4, 2026Senate Third Reading Passed - No Amendments
10. February 4, 2026Introduced In House - Assigned to Transportation, Housing & Local Government
11. February 3, 2026Senate Second Reading Passed with Amendments - Committee, Floor
12. January 29, 2026Senate Committee on Local Government & Housing Refer Amended to Senate Committee of the Whole

Showing 12 most recent of 13 actions. Full history