Committee advances multiple amendments to Star Bond Financing Act; members debate visitor thresholds, data rules and developer guarantees
The Committee on Commerce, Labor and Economic Development advanced multiple amendments to the Star Bond Financing Act, adopting visitor‑origin thresholds and new data and financing rules while deferring a proposed developer clawback for further work.
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The Committee on Commerce, Labor and Economic Development spent substantial time on Substitute for Senate Bill 197, a set of amendments to the Star Bond Financing Act that would change project eligibility, transparency requirements and financing procedures for star bond districts.
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