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
  1. IntroducedFeb 14, 2025
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. 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

  1. By resolution, reintroduced and retained in present status.
  2. 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.

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