Providing that residential housing constructed through loans or grants from the state housing trust fund shall meet certain energy conservation standards.
Impact
The enactment of SB530 will require cities and counties to adopt and enforce local ordinances or resolutions mandating adherence to these energy standards as a precondition for receiving loans or grants from the state housing trust fund after July 1, 2024. This shift is likely to increase the baseline energy efficiency of new residential housing projects, potentially leading to long-term savings for residents through lower energy costs. Moreover, it reflects a growing commitment to energy conservation in building practices statewide, encouraging more environmentally friendly construction techniques.
Summary
Senate Bill 530 aims to improve residential housing development in rural areas of Kansas by ensuring that any housing constructed using financial assistance from the state housing trust fund adheres to specific energy conservation standards. The bill requires that all residential housing built with such funds meet or exceed the standards set forth in the 2018 International Energy Conservation Code. This stipulation is intended to promote energy efficiency and sustainability in new housing developments while also making housing projects more appealing through compliance with modern standards.
Contention
Despite the positive strides towards energy efficiency, there may be points of contention surrounding SB530. Local governments could express concerns about the added regulatory burden and administrative challenges associated with enforcing new building codes. Additionally, there may be debates over the capacity of rural jurisdictions to implement these standards effectively, especially if they lack sufficient resources or expertise in energy conservation practices. Some stakeholders might view this requirement as an infringement on local control, arguing that it may impose unnecessary limitations on how communities choose to manage housing development.
Establishing the state conservation fund, the working lands conservation fund, the wildlife conservation fund and the Kansas outdoors fund, providing for the use of moneys from such funds, requiring certain reports to the governor and the legislature and authorizing certain transfers to and from such funds.
Restructures RI Housing and Conservation Trust Fund, increase its membership to 15 members, 11 of whom are to be from the general public and reallocate the percentage of the funds for housing, conservation and other goals.
Restructures RI Housing and Conservation Trust Fund, increase its membership to 15 members, 11 of whom are to be from the general public and reallocate the percentage of the funds for housing, conservation and other goals.
Expanding the use of bond proceeds under the Kansas rural housing incentive district act, the transferability of income, privilege and premium tax credits issued under the Kansas housing investor tax credit act and enacting the Kansas urban housing incentive district act.
Providing for the distribution of local ad valorem tax reduction fund (LAVTRF) moneys from the state to residential property taxpayers in the form of rebates.