HB 355: PUBLIC IMPROVEMENT DISTRICT REQUIREMENTS

An Act Relating To Public Improvement Districts; Requiring A Developer Of A Public Improvement District To Provide A Minimum Equity Contribution; Requiring Additional Information In An Application To Form A Public Improvement District; Removing The Option Of A District Board To Increase A Special Levy Up To Ten Percent Against Privately Owned Residential Property Within A Public Improvement District; Requiring Notice To A Purchaser Of Property Within A Public Improvement District; Amending, Repealing And Enacting Sections Of The Public Improvement District Act

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NONE HB 355
PUBLIC IMPROVEMENT DISTRICT REQUIREMENTS

Legislative URL:

HB 355 on nmlegis.gov

Emergency Clause:

No

Germane:

N/A

Location:

HTRC

Action:

[12] HTRC/HJC-HTRC [30] (Succeeding entries: H 371).

Issue(s):

Land Use & Growth

Related Legislators

Bill Sponsor:

Mimi Stewart

Related Documents

Downloads:

Introduced
Fiscal Impact Report

Summary

This bill is currently considered to have “no conservation impact (NCI).” Protect New Mexico does not provide a summary for bills that receive a NCI rating. A bill receives an NCI rating when it is viewed to be outside the scope of conservation bills but may be of interest from a political or nonprofit perspective. Bills may also receive a NCI rating if it has a title that sounds like it might involve conservation but in reality does not.

Outcome: HB 355 died in the House Taxation and Revenue Committee.

Updated 5/21/13