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Legislative Year: 2025 Change
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Bill Detail: SB25-245

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Title Housing Development Grant Fund Administrative Costs
Status Senate Committee on Appropriations Refer Unamended to Senate Committee of the Whole (04/01/2025)
Bill Subjects
  • State Revenue & Budget
House Sponsors S. Bird (D)
E. Sirota (D)
Senate Sponsors J. Bridges (D)
J. Amabile (D)
House Committee
Senate Committee Appropriations
Date Introduced 03/31/2025
AI Summary
Summary

Joint Budget Committee. Current law continuously appropriates
to the division of housing (division) within the department of local affairs
money from the housing development grant fund (fund) and allows the
division to expend 3% of the money in the fund for the administrative
costs of the division in administering the fund. Beginning in state fiscal
year 2025-26, the bill increases the percentage of money in the fund that
the division may expend for administrative costs to 4% and makes
expenditure of money from the fund for administrative costs subject to
annual appropriation by the general assembly.

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with Amendments
Full Text
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Fiscal Notes Fiscal Notes (03/31/2025) (most recent)  
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