Loading chat...
MS SB2837
Bill
AI Summary
-
Expands authority to establish parking and business improvement areas to include counties and county-municipality combinations, in addition to municipalities previously authorized.
-
Allows a nonprofit corporation to serve as an advisory board instead of requiring a five-member board of professional businessmen.
-
Requires the resolution of intention to specify the proposed amount, method, and basis of the initial tax rate increase, with breakdown by business class if applicable.
-
Mandates that ordinances establishing areas include a statement that the governing authority will not decrease publicly funded services in the area after establishment.
-
Allows disestablishment of an area if businesses paying a majority of the additional tax protest the area, and permits boundary and purpose modifications through resolution or ordinance procedures.
Legislative Description
Parking and business improvement areas; allow certain counties to establish.
Last Action
Died In Committee
3/3/2020