RELATING TO SCHOOL IMPACT FEES.

SB 159 would exempt certain types of housing developments from school impact fees, which are typically charged to developers to cover the cost of new schools needed for growing communities. This bill directly affects developers building qualifying housing projects, such as affordable or multi-family units, by removing a financial requirement they would otherwise face. The key mechanism is a specific exemption from the standard fee assessment process for these designated developments. The bill is currently in early stages, having been introduced on January 13, 2025.