Bill Summary for H 158 (2017-2018)
Feb 27 2017
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AN ACT AUTHORIZING CITIES AND COUNTIES TO PROVIDE FOR THE PAYMENT OF ALL OR A PORTION OF THE COST OF CRITICAL INFRASTRUCTURE PROJECTS BY USING FUNDS FROM PRIVATE PARTIES AND REPAYING THE FUNDS BY MAKING SPECIAL ASSESSMENTS ON BENEFITED PROPERTY AND CLARIFYING THE RECIPIENT OF THE PROCEEDS FROM A PERFORMANCE GUARANTEE.Intro. by Saine, Williams, Strickland, Reives.
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House committee substitute makes the following changes to the 1st edition. Changes the effective date of the act from June 30, 2017, to when the act becomes law.