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SPONSOR: |
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DATE TYPED: |
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HB |
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SHORT TITLE: |
Public Improvement District Time Requirements |
SB |
451/aSPAC |
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ANALYST: |
Padilla |
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APPROPRIATION
Appropriation
Contained |
Estimated
Additional Impact |
Recurring or
Non-Rec |
Fund Affected |
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FY03 |
FY04 |
FY03 |
FY04 |
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NFI
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(Parenthesis
( ) Indicate Expenditure Decreases)
LFC Files
Responses
Received From
Department
of Finance and Administration
Attorney
General’s Office
SUMMARY
Synopsis
of SPAC Amendment
The Senate Public Affairs Committee Amendment
extends to ninety days the time within which a governing body must act on a
petition for creation of a public improvement district. The original bill provided for only sixty
days.
Synopsis
of Original Bill
Senate Bill 451 adds new language to the Public
Improvement District Act to require a governing body to act within sixty days
of receiving a petition for creation of a public improvement district. If the body fails to act within sixty days,
the petition is automatically considered to be accepted.
Significant
Issues
Current statute regarding petitions for forming
public improvement districts contains no timeframes within which governing
bodies must act. Currently, therefore,
governing bodies may indefinitely table or not act on a petition. This bill would provide a sixty-day window in
which governing bodies must act.
ADMINISTRATIVE IMPLICATIONS
POSSIBLE QUESTIONS
1. Do
counties and municipalities support this bill?
2. Is
sixty days long enough to allow the governing bodies of counties and
municipalities to respond to a petition?
LP/ls/njw