HB 1362, HCA 1 -- SUBDIVISION REGULATION SPONSOR: Hobbs COMMITTEE ACTION: Voted "do pass by consent" by the Committee on Local Government by a vote of 17 to 0. This bill allows county planning commissions to accept other forms of security besides surety bonds to ensure the actual construction of improvements and utilities in subdivisions in unincorporated areas. HCA 1 -- Specifies that the other forms of acceptable security are cash bonds, cash deposits with the county treasurer, letters of credit, and certificates of deposit. FISCAL NOTE: No impact on state funds in FY 2005, FY 2006, and FY 2007. PROPONENTS: Supporters say that the bill gives planning commissions more flexibility and provides relief to developers. Testifying for the bill were Representative Hobbs; and Skip Elkin. OPPONENTS: There was no opposition voiced to the committee. Julie Jinkens McNitt, Legislative AnalystCopyright (c) Missouri House of Representatives