An Act to grow and maintain space in cities and towns for the creative economy

SD 2058 creates a framework for cities and towns to establish Municipal Creative Space Preservation Trust Funds. The bill defines "creative space" as areas used for creating, practicing, or exhibiting art by artists, creative workers, or artisans, and "presentation space" for showcasing such work. These trust funds can accept donations, buy property, and enforce legal restrictions to preserve affordable spaces for artists, preventing conversion to non-creative uses. The law specifically aims to maintain affordability for low- or moderate-income artists through property use restrictions. Cities adopting this can use zoning fees and private contributions to fund these preservation efforts.