HB 2674 Summary

• Establishes the housing supply study committee consisting of 11 members including two senators, two representatives, the director of the Arizona Department of Housing, building industry representatives, city/town representatives, a real estate trade association representative, and a non-profit housing advocacy representative.

• Committee must meet as often as needed to review housing supply and access data, compile solutions to address Arizona's housing shortage and its causes, and solicit input from industry experts and the community.

• Requires the committee to submit a final report to the House speaker and Senate president by December 31, 2022, with findings and recommendations to foster positive housing supply in Arizona.

• The committee is repealed on June 30, 2023.

• Designated as an emergency measure effective immediately upon enactment, approved April 25, 2022.