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Bill to Let Municipalities Use Special Assessments for Infrastructure Draws Support From Housing Advocates
Summary
HB1588 would let cities and towns create special assessment districts to finance development-related infrastructure (roads, water/sewer, sidewalks) and direct proceeds from certain state land sales into a state infrastructure fund; advocates said the tool could unlock housing where water and sewer are unavailable.
Representative Joe Alexander told the committee HB1588 creates a local-option financing tool enabling municipalities to levy assessments on properties that receive a direct, ascertainable benefit from infrastructure investments — roads, sidewalks, lighting, traffic devices, water mains, and sewer…
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