ID H0217

Requires urban renewal agencies to obtain 60% voter approval before expending revenue on construction or remodeling of municipal buildings or multipurpose sports stadium complexes exceeding $1,000,000 when public funds contribute 51% or more of total project cost.

Excludes infrastructure and belowground improvements (water, sewer, electrical, natural gas, streets, parking facilities, etc.) from the total project cost calculation.

Defines "municipal building" to include only administrative buildings, city halls, libraries, courthouses, public safety buildings, fire stations, jails, and detention facilities that are not subject to property taxation.

Defines "multipurpose sports stadium complex" as an indoor or outdoor venue for sports, concerts, or events with a field or playing surface surrounded by tiered seating for spectators.

Clarifies that "public funds" excludes grants or donations from private entities or individuals, and that the law does not apply to bonds issued before the effective date of the act.