SENATE BILL REPORT

HB 2444

BYRepresentatives Kirby, Nealey, Haugen, Smith, Ballard, Rayburn and Jones

Authorizing irrigation districts to establish consolidated local improvement districts.

House Committe on Local Government

Senate Committee on Agriculture

Senate Hearing Date(s):February 15, 1990

Majority Report:  Do pass.

      Signed by Senators Barr, Chairman; Anderson, Vice Chairman; Bailey, Gaspard, Hansen, Madsen, Newhouse.

Senate Staff:Steve Nelsen (786-7464)

                  February 15, 1990

AS REPORTED BY COMMITTEE ON AGRICULTURE, FEBRUARY 15, 1990

BACKGROUND:

Local improvement districts (LID's) are financing devices that many units of local government have been authorized to establish for financing the costs of public improvements.

Irrigation districts are authorized to create local improvement districts, but apparently are not allowed to finance more than one improvement by a single LID.

Cities and towns are authorized to create consolidated local improvement districts, for the purpose of issuing local improvement district bonds only, to finance public improvements that need not be adjoining, vicinal, or neighboring.

SUMMARY:

Irrigation districts are authorized to create consolidated local improvement districts, for the purpose of issuing local improvement district bonds only, to finance improvements that need not be adjoining, vicinal, or neighboring.

Appropriation:    none

Revenue:    none

Fiscal Note:      none requested

Senate Committee - Testified: Dan Coyne