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SB455Introduced in the Senate

Economic Development - Transformational Project Financing Program - Establishment

EngrossedHouse Economic Matters

Introduced by Jim Rosapepe, District 21

What does this bill do?

Plain-English breakdown

Writing a plain-English summary of this bill… this can take a few seconds the first time.

Official description

Establishing the Transformational Project Financing Program in the Department of Housing and Community Development to designate certain development districts as State-supported development districts; authorizing a governing body of a political subdivision to apply to the Department for approval as a State-supported development district; requiring the Department to publish at least annually a summary of approved State-supported development districts; providing for the eligibility for and calculation of certain State revenue; etc.

Where it stands

Hearing 3/31 at 1:00 p.m. (Economic Matters)

March 24, 2026

How did lawmakers vote?

SenateStage: Third Reading Passed · March 23, 2026

43

Yes

0

No

4

Absent or Not Voting

47 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.

See how each senator voted

Bill history

  1. First Reading Finance

  2. Hearing 3/05 at 1:00 p.m.

  3. Favorable with Amendments Report by Finance

  4. Favorable with Amendments {183128/1 Adopted

  5. Second Reading Passed with Amendments

  6. Third Reading Passed (43-0)

  7. Referred Economic Matters Ways and Means

  8. Hearing 3/31 at 1:00 p.m. (Economic Matters)

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