LD 690: An Act To Authorize A General Fund Bond Issue To Provide Funding For Affordable And Low-Income Housing Programs
LD 690 status: In Committee — Died in Possession of the Committee Upon Conclusion of the 132nd Legislature and PLACED IN THE LEGISLATIVE FILES (DEAD) (updated Apr 29, 2026).
What this bill does
Overall score
Bill summary
OfficialAn Act To Authorize A General Fund Bond Issue To Provide Funding For Affordable And Low-Income Housing Programs. Currently in Senate.
Key analysis
Impact analysis
Environment
Benefits
- No direct environmental impact identified in the abstract
Risks
- No direct environmental impact identified in the abstract
Economy
Benefits
- Potential to stimulate local construction activity
- Addresses housing supply shortages impacting workforce stability
Risks
- Increases state General Fund debt service obligations
- Potential impact on credit ratings if bond issuance is large
Society
Benefits
- Directly targets funding for low-income populations
- Addresses critical shortage in affordable housing inventory
Risks
- Impact is dependent on specific program administration and allocation efficiency
How trustworthy & consequential it is
Source
OpenStates
Confidence
lowlow
Analysis status
OpenStates summary
Proposed legislation would have increased state debt service requirements
Analysis based on limited legislative abstract provided
Where it stands
Introduced
CompleteCommittee
CurrentDied in Possession of the Committee Upon Conclusion of the 132nd Legislature and PLACED IN THE LEGISLATIVE FILES (DEAD).
Floor
UpcomingGovernor
UpcomingEnacted
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