HB 1014 - DIGEST

 

      Declares an intent to provide an optional set of laws to clarify, simplify, and make uniform the procedures by which local governments may create local improvement districts, impose and collect special assessments, and issue and sell local improvement district bonds.

      Defines terms.

      Specifies the initiation procedures for local improvement districts, including notice and election requirements.

      Specifies the procedures for imposition and collection of special assessments, including appeal procedures.

      Specifies the procedures for issuance and sale of local improvement district bonds.