Introduced
by
To allow cities to form a nonprofit corporation for economic development purposes which would be exempt from regulations regarding how municipalities borrow money and issue bonds.
Referred to the Committee on Local, Urban, and State Affairs
Substitute offered
Which reflects changes adopted following committee testimony and discussion, and tie-bar it to SB 360.
The substitute passed by voice vote
Passed in the Senate 35 to 0 (details)
To allow cities to form a nonprofit corporation for economic development purposes which would be exempt from regulations regarding how municipalities borrow money and issue bonds.
Passed in the House 104 to 0 (details)
To allow cities to form a nonprofit corporation for economic development purposes which would be exempt from regulations regarding how municipalities borrow money and issue bonds, yet may be subject to local living wage and prevailing wage ordinances.
