HB17-1167
Existing Businesses In Business Improvement District
Concerning a requirement that a business improvement district include existing businesses.
Session:
2017 Regular Session
Subject:
Bill Summary
Business & Economic Development
A business improvement district (district) is a type of special district created within a municipality to fund certain types of improvements that will, among other things, promote the continued vitality of existing business areas within the municipality. The law currently allows a municipality to include areas in a district that do not have any existing businesses. The bill requires these areas to have existing businesses.
(Note: This summary applies to this bill as introduced.)