2011 Senate Bill 792

Authorize new local tax, borrow and spend “improvement districts”

Introduced in the Senate

Nov. 2, 2011

Introduced by Sen. Tupac Hunter (D-5)

To establish procedures that would allow a majority of property owners in an area (not a majority of voters) to create a “neighborhood improvement district” with the power to impose special property tax assessments to repay loans for various government spending projects intended to benefit property owners.

Referred to the Committee on Economic Development