Honorable Frank Madla, Chair, Senate Committee on Intergovernmental Relations
FROM:
John S. O'Brien, Deputy Director, Legislative Budget Board
IN RE:
HB2241 by Callegari (Relating to the authority of certain municipalities to require a contract between a municipal utility district and the municipality before the district issues obligations.), As Engrossed
No fiscal implication to the State is anticipated.
The bill would repeal authorization for a city to provide in its written consent for the inclusion of land in a district that an allocation agreement contract between a municipal utility district and the municipality be entered into prior to the first issue of bonds, notes, warrants, or other obligations.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.