HCS HB 277 -- COMMUNITY IMPROVEMENT DISTRICTS

SPONSOR:  Dempsey (Wright)

COMMITTEE ACTION:  Voted "do pass by consent" by the Committee on
Job Creation and Economic Development by a vote of 19 to 0.

This substitute allows the City of Springfield, when requested by
a property owner, to hold a public hearing for the removal of
real property from a community improvement district or to have a
parcel of property within the district reclassified.

The substitute allows the property to be removed from the
district or reclassified if the district's board of directors
consents to the action, the district can meet its obligations
without the revenue generated by or on the property, and the
public hearing is properly conducted.

FISCAL NOTE:  No impact on state funds.

PROPONENTS:  Supporters say that the bill will create a
self-taxing district in Springfield.  However, some businesses do
not want to be included in the community improvement district and
this will allow them to opt-out.  The overwhelming majority of
businesses want to be included in the district, but the bill will
give businesses the choice.

Testifying for the bill were Representative Wright; and City of
Springfield.

OPPONENTS:  There was no opposition voiced to the committee.

Alice Hurley, Legislative Analyst

Missouri House of Representatives
Last Updated July 25, 2003 at 10:11 am