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HB17-1167

Existing Businesses In Business Improvement District

Concerning a requirement that a business improvement district include existing businesses.
Session:
2017 Regular Session
Subject:
Business & Economic Development
Bill Summary

A business improvement district (district) is a type of special district created within a municipality to fund certain types of improvements that will, among other things, promote the continued vitality of existing business areas within the municipality. The law currently allows a municipality to include areas in a district that do not have any existing businesses. The bill requires these areas to have existing businesses.


(Note: This summary applies to this bill as introduced.)

Status

Introduced
Lost

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Bill Text

Sponsors

Sponsor Type Legislators
Prime Sponsor

Rep. T. Leonard
Sen. T. Neville

Sponsor


Sen. K. Lundberg, Sen. V. Marble

Co-sponsor

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The effective date for bills enacted without a safety clause is August 7, 2024, if the General Assembly adjourns sine die on May 8, 2024, unless otherwise specified. Details