OFFERED FOR CONSIDERATION1/20/2025


SB 975

LOCAL GOVERNMENT

1. Line 16, introduced, after et seq.)

insert

but shall not apply to any locality that has had at least 7.5 percent growth in its total housing stock from January 1, 2020, to January 1, 2025, for so long as such locality does not drop below one percent annual growth in subsequent years. The calculation of such subsequent growth shall include the extra weight for increases in affordable housing and housing rehabilitation pursuant to subdivision 33 of ยง 36-139