Part I: Substitutes the word "tax increment" with "housing infrastructure growth" for purposes of the Housing Infrastructure Growth Financing Act, except under certain circumstances. Part II: Conforms state law concerning county debt limits to permit counties to exclude housing infrastructure growth bonds from the debt limit of the counties, if a constitutional amendment authorizing the use of housing infrastructure growth bonds and excluding housing infrastructure growth bonds from determinations of the counties' funded debt is ratified. Effective 7/1/3000. (HD1)

Statutes affected:
SB3218 HD1: 46-102, 46-104, 46-105, 46-106, 46-110, 47C-1, 47C-2, 47C-3
SB3218: 47C-1, 47C-2, 47C-3
SB3218 SD1: 47C-1, 47C-2, 47C-3
SB3218 SD2: 47C-1, 47C-2, 47C-3