Introduced by Sen. Goeff Hansen R-Hart on February 26, 2013
To eliminate the sunset on local governments creating new “water resource improvement authorities”which use extra property tax levies and “tax increment financing” schemes to divert other taxing units' property tax revenue to cover debt service payments on debt they incur for various recreation and development projects. The bill would also expand the scope of activities and geographic limits of these entities, letting them borrow and spend for dredging among other things. Official Text and Analysis.
Referred to the Senate Outdoor Recreation & Tourism Committee on February 26, 2013
Reported in the Senate on March 13, 2013
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Substitute offered in the Senate on March 13, 2013
The substitute passed by voice vote in the Senate on March 13, 2013