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ID H0670

Bill

Status

Engrossed

3/5/2026

Primary Sponsor

Revenue and Taxation Committee

Click for details

Origin

House of Representatives

2026 Regular Session

AI Summary

  • Fire protection districts and ambulance service districts cannot be included in urban renewal revenue allocation areas created or modified after July 1, 2025, unless the district explicitly consents by resolution

  • Districts subject to urban renewal plans established before July 1, 2025, may withdraw if the plan has no outstanding bonds, contractual obligations, or other indebtedness exceeding the revenue allocation proceeds attributable to that district

  • Urban renewal agencies must accept a district's withdrawal request if there are no outstanding obligations funded by that district's revenue allocation proceeds, or if the agency has sufficient proceeds from other sources to cover existing debts

  • Withdrawal process requires districts to request county accounting by May 1, adopt intent-to-withdraw resolution by June 1, with agency response within 10 business days

  • Declared an emergency measure, taking effect immediately upon passage and approval

Legislative Description

Amends existing law to revise provisions regarding the withdrawal of certain taxing districts from an urban renewal revenue allocation area financing provision.

URBAN RENEWAL

Last Action

Reported out of committee; to 14th Order for amendment

3/12/2026

Committee Referrals

Local Government and Taxation3/6/2026
Revenue and Taxation2/16/2026

Full Bill Text

No bill text available