Senate Bill No. 1364 proposes the appropriation of ten million dollars from the General Fund to the Department of Housing for the fiscal year ending June 30, 2026. The funds are designated for grants-in-aid to private and nonprofit entities aimed at constructing five hundred permanent tiny homes. These homes are required to be connected to either private water or septic systems, or to public water, sewer, and electric utilities. The bill is set to take effect on July 1, 2025.

The bill includes new legal language that establishes the appropriation and specifies the intended use of the funds, while there are no deletions from current law noted in the text. The fiscal impact statement indicates that the Department of Housing will incur a cost of ten million dollars in the fiscal year 2026, with no anticipated municipal impact. The Housing Committee has reported the bill favorably, with a vote of 15 in favor and 3 against.