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Committee extends land‑bank study deadline, debates prioritizing brownfields for housing and bond‑bank flexibility
Summary
Senators approved moving the land‑bank final report deadline to 2026 with a January 2026 update and debated language that would prioritize brownfield remediation tied to housing; the bond bank asked for flexibility to purchase municipal bonds and to use small infrastructure funds alongside other bank programs.
The committee voted to incorporate an amended land‑bank reporting schedule into its housing bill language and spent significant time debating brownfield cleanup priorities and bond‑bank authority.
Staff presented draft amendments extending the land‑bank report deadline to Nov. 1, 2026, with an interim written update due Jan. 15, 2026. The amendment adds explicit items for the final report, including possible governance models, identification of seed or sustainability funding sources, and a preliminary assessment in the January update. Committee members said they wanted the work to…
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