2025 bills / S.B. 129
S.B. 129 Higher Education Development Areas (2025)
- Introduced
- Senate committee
- Senate vote
- House committee
- House vote
- Signed into law
What this bill does
The bill would let certain colleges and universities designate a development area made up of land they own, and set up a fund for money the area generates. It would also require tax payments on leased property in those areas, bar trustees from certain development deals without disclosing conflicts, and require annual reports to a legislative subcommittee.
Plain-English summary written by AI from the official description. Check the official text below.
Official description
- authorizes certain higher education institutions to designate a development area consisting of property owned by the institution
- provides a process for an institution to adopt a resolution designating a development area
- requires an institution to establish a fund for revenue from the development area and provides for uses of money in the fund
- provides limitations on a member of the board of trustees regarding participation in development actions and requires a member of a board of trustees to disclose a conflict before the board of trustees approves a development agreement
- requires payment of privilege tax on leased property within a development area and describes the method for a county treasurer to distribute privilege tax revenue to the institution
- requires the board of trustees to provide an annual report to the Higher Education Appropriations Subcommittee for each development area
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Follow S.B. 129
Members ($5 a month) get:
- An alert the day S.B. 129 is put on a committee agenda, with time and room, so you can be there to speak
- When S.B. 129 is rewritten, exactly which words changed
- Its hearings in your own calendar
- Your own scorecard: pick the side you favor and see how every legislator voted
Or start free: A weekly email when S.B. 129 moves: hearings, votes, rewrites, signed or vetoed.
Every vote
- 4 yes, 0 no, 3 absentSenate Education Committee: vote to change the bill · Feb 13, 2025Who voted how
- 6 yes, 0 no, 1 absentSenate Education Committee: vote to approve it · Feb 13, 2025Who voted how
- 21 yes, 0 no, 8 absentFirst of two Senate votes · Feb 21, 2025Who voted how
- 25 yes, 0 no, 4 absentFinal Senate vote · Feb 25, 2025Who voted how
- 8 yes, 0 no, 2 absentHouse Political Subdivisions Committee: vote to change the bill · Feb 26, 2025Who voted how
- 8 yes, 0 no, 2 absentHouse Political Subdivisions Committee: Amendment Recommendation · Feb 26, 2025Who voted how
- 8 yes, 0 no, 2 absentHouse Political Subdivisions Committee: Amendment Recommendation · Feb 26, 2025Who voted how
- 8 yes, 0 no, 2 absentHouse Political Subdivisions Committee: vote to approve it · Feb 26, 2025Who voted how
- 70 yes, 1 no, 4 absentFinal House vote · Mar 6, 2025Who voted how
- 27 yes, 0 no, 2 absentSenate vote to accept the other chamber's changes · Mar 6, 2025Who voted how