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Committee approves bill to increase transparency for municipal improvement districts
CITY, COUNTY & LOCAL AFFAIRS COMMITTEE - SENATE
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Summary
Senate Bill 424 would require municipal improvement districts to give property owners who fund the district prior notice and an opportunity to comment on agenda items, hold quarterly meetings, and provide agendas in advance; the committee passed the bill by voice vote.
Chair Cesar Quam presented Senate Bill 424, described by Senator Gary Stubblefield as a measure to increase accountability and transparency for municipal improvement districts.
Stubblefield said…
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