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CO SB284
Bill
Status
4/28/2015
Primary Sponsor
Bill Cadman
Click for details
AI Summary
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Requires voter approval by majority of registered electors before payments from tax collections can be made into an urban renewal authority's special fund for plans covering areas that include agricultural land
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Applies only to urban renewal plans involving agricultural land where the tax allocation between base and increment revenues has not taken effect as of May 7, 2015
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Requires the municipality's governing body to refer the voter approval question to voters in accordance with Article 11 procedures
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Allows any registered elector of the municipality to file an action in state district court to enforce the bill's provisions
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Adds legislative declaration that agricultural land inclusion in blighted area designations should be narrowly construed to focus on eliminating urban decay rather than encouraging subsidized development of open spaces
Legislative Description
Voter Approval TIF Payments Ag Land
Last Action
Senate Second Reading Laid Over to 08/07/2015 - No Amendments
5/6/2015