BILL · 2025–26 SESSION
SB 5755: Residential dev./commercial
Incentivizing residential development with public benefits on underutilized commercial properties.
Summary
- Requires the Department of Commerce (Commerce) solicit letters of interest from owners or developers of retail or commercial properties with substantial potential for redevelopment as residential or mixed-use properties providing market rate and affordable housing supply.
- Requires Commerce determine high priority, eligible applications based on scoring criteria and facilitate development agreements between local governments and high priority projects.
- Provides certain assistance, density bonus, parking, and funding options to high-priority projects.
From the Senate Bill Report (SB 5755), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · died in committee
- IntroducedFeb 14, 2025
- Out of committeestopped here
- Passed Senate
- Passed House
- Governor
- Law
- Prime sponsor
- Emily Alvarado (D-34)
- Introduced
- February 14, 2025 in the Senate
- Last action
- January 12, 2026
- Budget
- Has a fiscal note
AN ACT Relating to incentivizing residential development with public benefits on underutilized commercial properties;
Sponsors
Prime sponsor: Emily Alvarado (D-34)
2 co-sponsors (2 Democrats, 0 Republicans)
Votes
No recorded floor votes. This measure never reached a floor vote.
History
- By resolution, reintroduced and retained in present status.
- First reading, referred to Housing.
SB 5755 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- SB 5755 (2023–24) Unmanned aircraft/government
- SB 5755 (2021–22) Underdev. land redevelopment
- SB 5755 (2019–20) Veteran tuition waivers
- SB 5755 (2017–18) GMA populat. growth criteria
- SB 5755 (2015–16) Property crimes, impacts of
- SB 5755 (2013–14) Sci, tech, engineering, math
- SB 5755 (2011–12) Real estate excise tax
- SB 5755 (2009–10) Alt healthcare practitioners