Legislation - SB0455

Title: Economic Development - Transformational Project Financing Program - Establishment
Sponsored by: Senator Rosapepe
Status: In the House - Hearing 3/31 at 1:00 p.m. (Economic Matters)
Analysis: Fiscal and Policy Note

Synopsis

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.

Committees

Original:: Finance Click to view Recorded Media

Opposite:: Economic Matters; Ways and Means

Committee Testimony

Witness List

Details

Cross-filed with: HB0506

Bill File Type: Regular

Effective Date(s): October 1, 2026

History

Legislation History
Chamber Senate Calendar Date 2/02/2026 Legislative Date 2/02/2026 Action First Reading Finance Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Economic Development - Transformational Project Financing Program - Establishment Proceedings
Chamber Senate Calendar Date 2/12/2026 Legislative Date 2/12/2026 Action Hearing 3/05 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Finance Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 3/23/2026 Legislative Date 3/23/2026 Action Favorable with Amendments Report by Finance Proceedings
Chamber Senate Calendar Date 3/23/2026 Legislative Date 3/06/2026 Action Favorable with Amendments {183128/1 Adopted Proceedings 45 Click to view Recorded Media
Chamber Senate Calendar Date 3/23/2026 Legislative Date 3/06/2026 Action Second Reading Passed with Amendments Proceedings 45 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Economic Development - Transformational Project Financing Program - Establishment Proceedings
Chamber Senate Calendar Date 3/23/2026 Legislative Date 3/07/2026 Action Third Reading Passed (43-0) Proceedings 46 Click to view Recorded Media
Chamber House Calendar Date 3/24/2026 Legislative Date 3/11/2026 Action Referred Economic Matters Ways and Means Proceedings 48AClick to view Recorded Media
Chamber House Calendar Date 3/24/2026 Legislative Date 3/24/2026 Action Hearing 3/31 at 1:00 p.m. (Economic Matters) Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	2/02/2026	2/02/2026	First Reading Finance
			Text - First - Economic Development - Transformational Project Financing Program - Establishment
Senate	2/12/2026	2/12/2026	Hearing 3/05 at 1:00 p.m.
			Vote - Senate - Committee - Finance	Click to view Recorded Media
Senate	3/23/2026	3/23/2026	Favorable with Amendments Report by Finance
Senate	3/23/2026	3/06/2026	Favorable with Amendments {183128/1 Adopted	45 Click to view Recorded Media
Senate	3/23/2026	3/06/2026	Second Reading Passed with Amendments	45 Click to view Recorded Media
			Text - Third - Economic Development - Transformational Project Financing Program - Establishment
Senate	3/23/2026	3/07/2026	Third Reading Passed (43-0)	46 Click to view Recorded Media
House	3/24/2026	3/11/2026	Referred Economic Matters Ways and Means	48AClick to view Recorded Media
House	3/24/2026	3/24/2026	Hearing 3/31 at 1:00 p.m. (Economic Matters)

File Code

Subjects

Statutes