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Legacy wealth construction incentive bill held for sponsor and agency coordination
Summary
The committee held CB 86-2025, which would reimburse up to 50% of building or grading permit fees for projects that direct significant expenditures to county-based MBEs or locally owned businesses. Office of Law flagged potential constitutional concerns; the Office of Procurement suggested DPIE may be the appropriate implementing agency.
The Government Operations and Fiscal Policy Committee voted to hold CB 86-2025 after staff and administration representatives raised implementation and legal questions about the proposed legacy wealth construction incentive program.
Committee staff described the bill as creating a program that could reimburse up to 50% of building or grading permit fees for qualifying…
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