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HB 1526

RELATING TO AFFORDABLE HOUSING DEVELOPMENT.

2024 Regular Session Introduced by Scott Nishimoto

House Bill 1526 boosts affordable housing in Arkansas by enabling public-private partnerships, enhancing resources, and increasing housing options for communities.

Referred to HOU/PSM, CPN/WAM.
#affordablehousing #countycouncilapproval #deadline
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Bill Summary · HB 1526

Summary of House Bill 1526: Relating to Affordable Housing Development

Bill Overview

Bill Number: HB 1526
Introduced: February 19, 2025
Status: Referred to HOU/PSM, CPN/WAM
Subject: Affordable Housing, County Council Approval, Deadline

House Bill 1526 aims to enhance affordable housing development in Arkansas by establishing a framework for public-private partnerships and amending existing laws regarding gifts received by the Department of the Military.

Main Purpose and Intent

The primary intent of HB 1526 is to facilitate the development of affordable housing through collaboration between public entities and private sector partners. This bill seeks to streamline processes and provide clarity on the acceptance of gifts and services that can support housing initiatives.

Key Provisions

  1. Public-Private Partnerships (PPP):

    • The bill authorizes the Department of the Military to enter into public-private partnerships to support its activities, particularly in recruiting and retention efforts.
    • A "public-private partnership" is defined as an agreement between the Department of the Military and a private entity.

  2. Acceptance of Gifts and Services:

    • The Secretary of the Department of the Military may accept voluntary services and personal property from private entities to facilitate recruiting and retention.
    • However, acceptance is contingent on ensuring that it does not compromise the integrity of military programs.

  3. Reporting and Review Requirements:

    • Agreements for public-private partnerships must be presented to the Legislative Council or the Joint Budget Committee based on the value of services or property received:
      • Reporting is required for agreements valued between $10,000 and $50,000.
      • Review is mandated for agreements valued at $50,000 or more.

  4. Regulatory Framework:

    • The Secretary is tasked with promulgating rules to implement the provisions of this bill, ensuring compliance with existing laws and procedures.

Impact

  • Who is Affected:

    • The bill primarily impacts the Department of the Military and the Arkansas National Guard, as well as private entities looking to partner with these organizations.
    • It also affects local governments and communities by potentially increasing the availability of affordable housing options.

  • Potential Benefits:

    • By fostering public-private partnerships, the bill aims to enhance resource availability for affordable housing development.
    • It could lead to more efficient use of resources and improved housing conditions for residents.

Procedural Timeline

  • February 19, 2025: Bill introduced and referred to committees.
  • April 9, 2025: Passed third reading in both the House and Senate.
  • April 14, 2025: Notification that HB 1526 is now Act 575.

This summary provides a comprehensive overview of House Bill 1526, detailing its purpose, key provisions, and the potential impact on affordable housing development in Arkansas.

Compiled from official sources — confirm details with the bill’s official record.

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