HB 1261 Summary

• Extends public hearing timeframe for establishment petitions from 30 to 60 days, unless petitioners request and governing body grants an extension.

• Increases board of directors term length from four to six years and requires candidates to file a "Statement of Intent" 30 days before elections; allows proxy voting with prescribed form.

• Authorizes districts to pledge user charges and fees for payment of bonds and indebtedness, and to covenant with bondholders to collect assessments and fees.

• Requires public hearings before issuing bonds or entering contribution agreements with public entities; mandates property appraisals using Uniform Standards of Professional Appraisal Practice before bond issuance.

• Prohibits district dissolution if outstanding bonds or other security instruments are outstanding; requires written consent of all affected landowners for boundary changes; allows prepayment of benefit special assessments.