IN SB0061 | 2024 | Regular Session
Status
Spectrum: Moderate Partisan Bill (Republican 6-1)
Status: Engrossed on February 6 2024 - 50% progression, died in committee
Action: 2024-02-19 - Representative King added as cosponsor
Pending: House Ways and Means Committee
Text: Latest bill text (Engrossed) [PDF]
Status: Engrossed on February 6 2024 - 50% progression, died in committee
Action: 2024-02-19 - Representative King added as cosponsor
Pending: House Ways and Means Committee
Text: Latest bill text (Engrossed) [PDF]
Summary
Tourism improvement districts. Provides that a person may circulate a petition to create a tourism improvement district (district) within the territory of a county, city, or town (local unit). Specifies the contents of the tourism improvement district plan that must be filed with a petition to establish a district. Provides that, after a hearing on a petition to establish a district, the legislative body of a local unit may adopt the ordinance establishing the district only if it determines that the petition has been signed by at least: (1) 65% of the owners within the proposed district that will pay the assessments; and (2) the owners of 65% of the total net assessed value of the real property within the proposed district that will pay the assessments. Provides that owners located within a district may be charged a special assessment to fund improvements and other district activities. Defines the term "owner". Excludes from inclusion within a district: (1) property that receives a homestead standard deduction; (2) property used for single family residential housing; and (3) property used for multi-unit residential housing. Specifies the contents of the ordinance establishing a district and the length of time for which a district may exist. Allows a district to issue bonds. Requires the county, city, or town legislative body to contract with a nonprofit district management association to administer and implement the district's activities and improvements. Requires a district management association to annually engage an independent certified public accounting firm to conduct an examination of the district's funds, accounts, and financial affairs and submit the examination to the legislative body and the fiscal body. Excludes Marion County from the provisions of the bill.
Title
Tourism improvement districts.
Sponsors
Sen. Travis Holdman [R] | Sen. Scott Baldwin [R] | Sen. Lonnie Randolph [D] | Rep. Beau Baird [R] |
Rep. Michael Karickhoff [R] | Rep. Robert Cherry [R] | Rep. Joanna King [R] |
Roll Calls
2024-02-06 - Senate - Senate - Third reading (Y: 47 N: 1 NV: 0 Abs: 2) [PASS]
History
Date | Chamber | Action |
---|---|---|
2024-02-19 | House | Representative King added as cosponsor |
2024-02-15 | House | Representative Cherry added as cosponsor |
2024-02-12 | House | First reading: referred to Committee on Ways and Means |
2024-02-06 | Senate | Referred to the House |
2024-02-06 | Senate | Cosponsor: Representative Karickhoff |
2024-02-06 | Senate | House sponsor: Representative Baird |
2024-02-06 | Senate | Third reading: passed; Roll Call 121: yeas 47, nays 1 |
2024-02-05 | Senate | Second reading: amended, ordered engrossed |
2024-02-05 | Senate | Amendment #1 (Holdman) prevailed; voice vote |
2024-02-01 | Senate | Senator Baldwin added as second author |
2024-01-30 | Senate | Committee report: amend do pass, adopted |
2024-01-22 | Senate | Senator Randolph added as coauthor |
2024-01-08 | Senate | First reading: referred to Committee on Tax and Fiscal Policy |
2024-01-08 | Senate | Authored by Senator Holdman |
Subjects
ECONOMIC DEVELOPMENT
LOCAL GOVERNMENT; Generally
PROPERTY; Generally
RECREATION AND ENTERTAINMENT
ZONING AND PLANNING
LOCAL GOVERNMENT; Generally
PROPERTY; Generally
RECREATION AND ENTERTAINMENT
ZONING AND PLANNING