H.B. No. 2421 amends the Special District Local Laws Code regarding the Save Historic Muny District, specifically extending the deadlines related to contracts and the district's dissolution. The bill allows the district to enter into a contract with the city for revenue from fees collected from municipally owned utility customers, provided that an agreement is made before May 31, 2027, instead of the previous deadline of May 31, 2025. Additionally, the bill stipulates that the district must dissolve by May 31, 2027, unless it has entered into an agreement regarding the land used for the historic Lions Municipal Golf Course by that date.

The changes aim to provide more time for the district to secure agreements that would ensure the preservation of the land as a public golf course or parkland. The bill will take effect immediately if it receives a two-thirds majority vote in both houses; otherwise, it will take effect on September 1, 2025.

Statutes affected:
Introduced: Special District Local Laws Code 3988.0302, Special District Local Laws Code 3988.0901 (Special District Local Laws Code 3988)
House Committee Report: Special District Local Laws Code 3988.0302, Special District Local Laws Code 3988.0901 (Special District Local Laws Code 3988)
Engrossed: Special District Local Laws Code 3988.0302, Special District Local Laws Code 3988.0901 (Special District Local Laws Code 3988)
Senate Committee Report: Special District Local Laws Code 3988.0302, Special District Local Laws Code 3988.0901 (Special District Local Laws Code 3988)
Enrolled: Special District Local Laws Code 3988.0302, Special District Local Laws Code 3988.0901 (Special District Local Laws Code 3988)