BILL · 2021–22 SESSION

HB 1243: Local infra. project areas

Addressing local infrastructure project areas.

Summary

  • Specifies that, for purposes of the property tax, any increase in assessed value within a local infrastructure project area (LIPA) is an add-on to the levy growth limit, if not already included elsewhere as an add-on.
  • Requires that, for any LIPA formed after the effective date of the bill, a sponsoring city must adopt Department of Commerce transfer of development rights interlocal terms and conditions.
  • Provides that affordable housing is a specified public improvement for purposes of a LIPA.
  • Specifies that regular property taxes do not include include regular property tax levies made for any specific statutory purpose other than use in a county's current expense fund, for purposes of a LIPA.

From the House Bill Analysis 2021 (HB 1243), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 18, 2021
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Emily Wicks (D-38)
Introduced
January 18, 2021 in the House
Last action
January 10, 2022
Budget
Has a fiscal note

AN ACT Relating to local infrastructure project areas;

Sponsors

Votes

No recorded floor votes. This measure never reached a floor vote.

History

  1. By resolution, reintroduced and retained in present status.
  2. First reading, referred to Finance.

HB 1243 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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