HB 4023
Restores the restrictions on methods of financing for certain mass transit districts.
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- Passed House
- Passed Senate
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- Became Law
Bill overview
This bill aims to reinstate restrictions on how certain mass transit districts can raise money. Specifically, it limits the types of financing these districts can use, requiring voter approval for certain methods. The bill restores previous rules regarding financing options for these districts, ensuring that districts relying on specific financing approaches must first seek approval through a local election. It will take effect 91 days after the end of the legislative session.
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