This bill amends existing law regarding the distribution of impact assistance payments to local governments affected by the construction of industrial facilities. It introduces a new provision allowing cities, towns, or counties entitled to receive these payments to apply for advance impact assistance payments. The bill specifies that local governments must identify specific infrastructure projects and equipment necessary to address unmitigated impacts when requesting these advance payments. The industrial siting council is tasked with reviewing these requests and determining their necessity, with the stipulation that advance payments cannot exceed 50% of the total impact assistance payment calculated for the local government.

Additionally, the bill outlines the conditions under which these advance payments can be made, including the requirement that they be used solely for the specified infrastructure projects and that they will be deducted from the total impact assistance payment later received. The legislation also mandates that the industrial siting council provide a report to the relevant committees if the maximum allowable percentage for impact assistance payments is increased. The act is set to apply only to permit applications submitted on or after its effective date of July 1, 2027.

Statutes affected:
27LSO-0059 v0.4: 39-15-111