RELATING TO SCHOOL IMPACT FEES.

SB 159 exempts specific housing developments from school impact fees, which are typically charged to new construction to fund school infrastructure. The bill directly affects qualifying housing projects (like apartment complexes or subdivisions) by removing a financial requirement they would otherwise owe to local school districts. This change modifies how school impact fees are applied, eliminating the assessment for the designated developments without altering broader fee structures. The bill is currently in the early stages of the legislative process.