HB 886 Summary

• Establishes a soil and water conservation districts special fund in the state treasury with separate subaccounts for each district organized under section 180-8.

• Requires that all contributions, moneys, and funds received by any district be deposited into that district's subaccount and expended solely for the benefit of that district.

• Consolidates subaccounts and funds if two or more districts are consolidated pursuant to section 180-11.

• Directs that when a district is discontinued under section 180-15, its subaccount shall be abolished and any remaining unencumbered funds deposited to the state general fund.

• Repeals existing language in section 180-16 requiring all district contributions and funds to be deposited to the state general fund, replacing it with the new district-specific accounting structure.