HB 2132 Summary: Prosperity States Compact

• Establishes the Prosperity States Compact to create special-purpose governmental districts ("Prosperity Districts") with streamlined, limited authority focused on optimal regulatory and fiscal policy within consenting communities.

• Creates a 7-member managing board to govern each district with exclusive jurisdiction over limited powers including police enforcement of criminal law, infrastructure provision, municipal courts, and bonding authority—while prohibiting taxation, eminent domain, and subsidies to private enterprise.

• Requires formation through petition signed by 100% of landowners on "Eligible Land" (minimum 1 square mile) and all resident qualified electors, with 20-day ministerial review by county, municipal, and existing district officials.

• Restricts district regulations to protecting individual rights to life, liberty, and property through a strict hierarchy: civil remedies first, then objective legal standards, inspections, licensing, and finally criminal sanctions only if less restrictive modes fail.

• Establishes an interstate compact commission with three commissioners when two or more states join, funded by Prosperity Districts, with authority to oversee compact implementation and direct dispute resolution through alternative dispute resolution processes.