SB 402: Provides for the creation of restoration improvement districts for building restoration projects. (BDR 22-332)

Summary

AN ACT relating to taxation; authorizing under certain circumstances the governing body of a county or city to create a restoration improvement district for the purpose of a project to restore certain buildings that are at least 50 years of age; authorizing under certain circumstances the governing body of a county or city to pledge certain property tax proceeds for the costs of such a project; establishing certain requirements for contracts or agreements for construction work performed on such a project; and providing other matters properly relating thereto.

Latest recorded action

No action recorded yet.

Jun 3, 2025

This is the latest action supplied by the source, not the full legislative history.

Track bills like this one

Mandate alerts you when a bill that matters to your organization moves, and explains what it means.