TO: | Honorable Anna Mowery, Chair, House Committee on Land & Resource Management |
FROM: | John Keel, Director, Legislative Budget Board |
IN RE: | SB1937 by Armbrister (Relating to the apportionment of municipal infrastructure costs to developers.), As Engrossed |
If a municipality requires as a condition of approval for a development project that the developer bear a portion of the costs of municipal infrastructure improvements beyond the municipality's minimum adopted standards for on-site development, the provisions of the bill would limit the developer's portion of the costs to no more than the amount roughly proportionate to the proposed development as approved by a licensed professional engineer retained by the municipality.
The bill would take effect immediately if it receives a two-thirds vote in each house; otherwise, it would take effect September 1, 2003 and would apply only to municipal approval of a development project that occurs on or after the effective date.
The municipality would incur the costs of retaining a professional engineer. A municipality that requires payment by a developer for infrastructure costs associated with a project would experience a fiscal impact that differs from what is experienced under current statute if the municipality had been charging more than the limit that would be set by the bill.
Source Agencies: |
LBB Staff: | JK, CL, DLBa
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