Bill > HB2397

This bill modifies the process for dissolving a public water supply district, which is a local entity responsible for providing water to a community. The key changes involve requiring a petition for dissolution to include a plan for selling the district's assets, contingent on court and voter approval, and detailing how all debts and obligations will be paid. The bill also adjusts the voting threshold for dissolution, allowing for a majority of three-fifths of voters in certain circumstances, and specifies that any excess funds after debts are paid can be distributed to school districts based on customer ratios. Additionally, a new section is added to allow public water supply district boards to contribute to employee benefits like hospitalization, medical expenses, and life insurance, with contracts subject to competitive bidding every three years.