House Bill 24-1304 Summary

• Prohibits municipalities and counties from enforcing minimum parking requirements for multifamily residential developments, adaptive reuse residential projects, and mixed-use projects with at least 50% residential use located within metropolitan planning organizations and applicable transit service areas, effective June 30, 2025

• Allows local governments to impose a maximum of one parking space per dwelling unit for housing developments with 20+ units or containing regulated affordable housing, provided they publish written findings within 90 days of application demonstrating substantial negative impacts on pedestrian/bicycle/emergency access or existing parking within one-eighth mile

• Requires the Department of Local Affairs to publish a map by September 30, 2024 designating applicable transit service areas based on proximity to bus rapid transit, commuter rail, light rail, and frequent public bus routes meeting specified frequency and service time standards

• Directs the Department of Local Affairs to develop best practices and technical assistance materials by December 31, 2024 addressing parking maximums, parking benefit districts, on-street parking management, and strategies prioritizing transportation needs of affordable housing residents and low-income communities

• Takes effect at 12:01 a.m. the day after the 90-day period following final adjournment, subject to voter approval if a referendum petition is filed