Committee reviews Bill 775: treasurer interest retention removed, municipal reporting narrowed, pilot given 2030 sunset

The Committee on General & Housing reviewed amendments to Bill 775, a six-piece rural housing omnibus, on Tuesday, March 17. Committee members discussed Ways and Means edits that remove a proposed special fund for treasurer-held interest, a vice-chair amendment to simplify municipal housing-element reporting to the Department of Housing and Community Development, an Appropriations change removing two proposed positions, and a Charlton amendment adding a 06/30/2030 sunset for the off-site production pilot.

Cameron Wood, Office of Legislative Council, summarized the Ways and Means changes: “The first 3 amendments ... [remove] the authority of the treasurer's office to keep the interest on the credit facilities” and eliminate the proposed special fund while preserving the bill's other core elements, he said. The bill retains…