Bill

Bill > H0030


ID H0030

ID H0030
Amends existing law to provide for a limitation on certain city lease or lease-purchase agreements.


summary

Introduced
01/25/2023
In Committee
01/26/2023
Crossed Over
Passed
Dead
04/06/2023

Introduced Session

2023 Regular Session

Bill Summary

CITIES -- Amends existing law to provide for a limitation on certain city lease or lease-purchase agreements.

AI Summary

This bill amends existing law to limit certain city lease or lease-purchase agreements to a maximum duration of 5 years, unless approved by a majority of voters in an election, not to exceed 30 years. The bill provides exceptions for small leases under $1,000 per year, leases of city-owned property to another party, and leases related to municipal electric power plants, utility systems, or railroads. The bill also declares an emergency, making it effective on and after July 1, 2023.

Committee Categories

Government Affairs

Sponsors (7)

Other Sponsors (1)

Local Government Committee (House)

Last Action

House Local Government Committee (13:30:00 2/2/2023 Room EW05) (on 02/02/2023)

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