Requires the boundary review board to: (1) Direct affected jurisdictions to enter into any agreements necessary to address conflicts with the board's factors and objectives before ruling on an annexation proposal;

(2) Consider the following factors affecting a proposal: The logical and reasonable nature of the annexation boundaries to ensure they do not include unincorporated islands, peninsulas, or other jurisdictional irregularities; and

(3) Attempt to achieve the following: Equity of impacts on jurisdictional revenues and/or expenses from the proposed annexation boundary.