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House approves measure prioritizing private‑activity bonding for low‑income housing
Summary
House passed House Bill 56 to place priority on some of the state's private‑activity bonding authority for low‑income housing; sponsor said homelessness has doubled and housing costs rose sharply; the bill passed 50–19.
Representative Bonnie Ralph Becker presented House Bill 56 as a targeted change to prioritize state private‑activity bonding authority toward low‑income housing, citing a doubling in the homeless population and steep housing‑cost increases.
"In this decade, the homeless population in this state has doubled," Representative Bonnie Ralph Becker said, noting housing costs rose an average of about 73% in the last five years and that the bill places a priority on bonding authority to support low‑income housing without a fiscal impact.
A floor member asked whether the bill overrides the existing board that administers the funds; Becker and supporters clarified the measure does not override the board but reinforces recent board priorities. After floor discussion and a brief technical delay to reconcile printouts before voting, HB 56 passed with 50 yes votes and 19 no votes and will be forwarded to the Senate.
