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House Joint Resolution 132 |
House Author: Corte et al. |
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For Election: 11-3-09 |
Senate Sponsor: Wentworth |
House Joint Resolution 132 proposes an amendment to the state constitution to allow the legislature to authorize a municipality or county to issue bonds or notes to finance the acquisition of buffer zones or open spaces adjacent to a military installation to prevent encroachment or for the construction of roadways, utilities, or other infrastructure to protect or promote the mission of the military installation. The bill authorizes the municipality or county to pledge increases in property tax revenues imposed in the zone by the municipality, county, or another political subdivision for repayment of the bonds or notes.