HB 192 Summary

• Reduces the minimum lease duration requirement for developer control of land from seventy-five years to forty years in new community districts.

• Modifies the definition of "proximate city" to include municipal corporations where any portion of the district is located, townships containing the greatest portion within joint economic development districts, and cities within five miles or with extraterritorial subdivision authority.

• Expands "community facilities" to explicitly include off-street parking facilities and broadens "community development charges" to encompass charges based on sales or purchases of tangible personal property at retail.

• Changes the hearing timeline for new community authority establishment from 95-115 days to 30-45 days after petition filing when all proximate cities have signed the petition, and requires good cause for proximate city disapproval based on public health, safety, and welfare.

• Modifies the board of trustees selection criteria to allow citizen members to represent present and future employers in addition to residents, and updates dissolution provisions to allow property and funds to vest in townships.