summary
Introduced
01/23/2025
01/23/2025
In Committee
02/06/2025
02/06/2025
Crossed Over
Passed
Dead
Introduced Session
2025 Regular Session
Bill Summary
Establishes the Transit-Oriented Community Improvement Partnership within the Department of Transportation. Establishes the Community Improvement Revolving Fund. Requires annual reports to the Legislature. Appropriates funds. Effective 7/1/3000. (HD1)
AI Summary
This bill establishes the Transit-Oriented Community Improvement Partnership (TOCIP), a new public agency within the Department of Transportation designed to create more affordable, walkable, and comprehensive community developments near transit corridors. The partnership will be governed by a board of directors with representatives from various state agencies and appointed experts, and will have broad powers to plan, develop, and implement community improvement projects. Key objectives include coordinating transit-oriented community development, building missing amenities like infrastructure, parking, and public spaces, and creating programs that support local economic development. The partnership can acquire land, issue revenue bonds, invest in local enterprises, and develop project facilities with the goal of reducing housing and transportation costs while improving quality of life. The bill creates a Community Improvement Revolving Fund to support these efforts and appropriates funding for establishing the partnership, including positions for an executive director, planner, and project development specialist. The agency will have significant flexibility in its operations, including exemptions from certain taxation and land use requirements, and will be required to submit annual reports to the governor and legislature detailing its plans and activities.
Committee Categories
Agriculture and Natural Resources, Housing and Urban Affairs
Sponsors (2)
Last Action
Carried over to 2026 Regular Session. (on 12/08/2025)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
Loading...