Committee passes CPACE financing bill (Senate Bill 458)

Apr 3, 2025

The committee unanimously passed Senate Bill 458, which authorizes financing of public safety and resiliency improvement projects through commercial property assessed capital enhancement (CPACE) programs.

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The Senate Local Government Committee unanimously passed Senate Bill 458, a bill that would allow financing of public safety and resiliency improvement projects through commercial property assessed capital enhancement programs (CPACE).

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