RELATING TO LIMITED-PROFIT HOUSING ASSOCIATIONS.

Introduced

In Committee

Floor

Crossed Over

Passed

Enacted

Overview Bill text 2 Compare versions History 8 Sponsors

Establishes an organizational, tax, and regulatory framework for limited-profit housing associations. Establishes the Limited-Profit Housing Council within the Department of Business, Economic Development, and Tourism to oversee limited-profit housing associations. Requires reports to the Legislature. Effective 7/1/2050. (SD1)

Chamber: Senate
Introduced: Jan 14, 2026
Last action: Jan 14, 2026 — Pending Introduction.
Session: 2026
Momentum: 62 · High

PASSAGE PROBABILITY

1% Unlikely

Why this number

Stage base Passed First Chamber — base rate 11%, measured from HI's completed sessions
Momentum +3 62/100 from the pace of recorded action
Time since last action -22 273 days quiet

A transparent scoring model over stage, momentum, recency, sponsorship and recorded votes — not a trained predictor. Treat it as a way to rank attention, not as a forecast.