HB 2161 proposes to modify the population threshold for a county or municipality's authority to approve corporation bond disbursement. The bill seeks to decrease the population threshold from seven percent to three percent of the total state population. This change would potentially allow more counties or municipalities to have approval over corporation bond disbursement without needing to meet the higher population requirement.
Additionally, the bill makes technical changes, such as updating the fee language from "ten thousand dollars" to "$10,000" for reviewing a general plan, and from "five thousand dollars" to "$5,000" for reviewing a project approval request. These changes standardize the fee descriptions in the legal text.
Statutes affected: Introduced Version: 35-726
House Engrossed Version: 35-726