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 to receive revenue from fees collected from municipally owned utility customers, provided that the district secures an agreement with the landowner of the historic Lions Municipal Golf Course by May 31, 2027, instead of the previous deadline of May 31, 2025.

Additionally, the bill stipulates that the district must be dissolved by May 31, 2027, unless it has entered into a similar agreement regarding the land by that date. This change reflects a two-year extension for both the contract and dissolution deadlines, allowing more time for negotiations related to the preservation of the land as a public golf course or parkland. The act 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)