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HB 1484

RELATING TO TRANSIT ORIENTED DEVELOPMENT.

2025 Regular Session Introduced by Luke Evslin and 1 co-sponsor

House Bill 1484 boosts transit-oriented development in Arkansas by funding projects, offering tax breaks, easing zoning rules, and enhancing community access to public transit.

Carried over to 2026 Regular Session.
#appropriation($) #communityimprovementrevolvingfund #dot #hcda #reports #taxexemption #transit-orientedcommunityimprovementpartnership #zoningandlanduseexemptions
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WeVote Research Nonpartisan
Bill Summary · HB 1484

Summary of House Bill 1484: Relating to Transit Oriented Development

Bill Number: HB 1484
Introduced: February 13, 2025
Status: Reported from HSG/TRN (Stand. Com. Rep. No. 203) as amended in HD 1, recommending passage on Second Reading and referral to WAL.
Classification: Bill
Subject Areas: Appropriation ($), Community Improvement Revolving Fund, Department of Transportation (DOT), Hawaii Community Development Authority (HCDA), Reports, Tax Exemption, Transit-Oriented Community Improvement Partnership, Zoning and Land Use Exemptions

Purpose and Intent

House Bill 1484 aims to enhance transit-oriented development (TOD) in Arkansas by facilitating community improvement initiatives that are closely linked to public transit systems. The bill seeks to promote sustainable urban growth, improve accessibility, and foster economic development in areas surrounding transit stations.

Key Provisions

  • Appropriation of Funds: The bill includes provisions for the appropriation of funds to support transit-oriented development projects through the Community Improvement Revolving Fund.

  • Tax Exemptions: It proposes tax exemptions for certain developments that meet specified criteria related to transit-oriented projects, incentivizing developers to invest in these areas.

  • Zoning and Land Use Exemptions: The bill allows for specific zoning and land use exemptions to streamline the development process for projects that align with transit-oriented development goals.

  • Partnerships: Establishes a Transit-Oriented Community Improvement Partnership to foster collaboration among local governments, developers, and community organizations.

  • Reporting Requirements: Mandates regular reports on the progress and impact of transit-oriented development initiatives to ensure accountability and transparency.

Affected Parties

  • Developers and Investors: The bill is expected to attract developers interested in building residential and commercial projects near transit hubs, benefiting from tax incentives and streamlined regulations.

  • Local Governments: Municipalities will play a crucial role in implementing the bill's provisions and may receive funding for community improvement projects.

  • Residents and Commuters: The bill aims to improve the quality of life for residents by enhancing access to public transportation and creating vibrant, walkable communities.

Procedural Aspects

  • Timeline: The bill was introduced on February 13, 2025, and has undergone several amendments and committee reviews. It has been reported favorably from the HSG/TRN committee and is currently recommended for passage on Second Reading.

  • Next Steps: Following its passage in the House, the bill will be referred to the WAL committee for further consideration.

Conclusion

House Bill 1484 represents a significant step towards promoting transit-oriented development in Arkansas. By providing financial incentives, easing regulatory burdens, and fostering partnerships, the bill aims to create more accessible and sustainable communities that are well-integrated with public transit systems.

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

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