HB 2568

House Bill (HB) 2568: community facilities districts; formation; governance

Sponsor: Representative Gowan

Summary: HB 2568 states that community facilities district may be formed if the land involved is 600 acres or more, and all the landowners sign the formation petition. It declares indemnification for the local government, but does not allow for the land to be held for security, nor does it allow for the landowners' financial ability for repayment to be revealed.

League Position: OPPOSE - The League opposes this bill because it essentially eliminates a municipality's input over the formation and governance of a CFD.

Updates

2/4/2016: HB2568 passed the House Ways and Means Committee by a vote of 8-0. The bill now proceeds to the Rules Committee.

2/25/2016: HB2568 passed the House COW.

2/25/2016: HB2568 passed the House Third Reading by a vote of 60-0.

3/16/2016: HB2568 passed the Senate Government Committee by a vote of 5-1.

5/2/2016: HB2568 passed the Senate COW.

5/2/2016: HB2568 passed the Senate Third Reading by a vote of 21-8.

5/2/2016: HB2568 failed the House Final Read by a vote of 28-32.