No. SB 734
Filed under Development & Land Use.
Powers of Neighborhood Improvement Districts; Authorizing a neighborhood improvement district to plan, finance, or complete structural safety or building compliance improvements if approved by a majority vote of the district’s residents or by a certain advisory council, etc.
Plain English Summary
AI-GENERATEDNeighborhood improvement districts can now plan, finance, or complete structural safety and building compliance improvements. This includes work required under state or local structural recertification programs.
The district board may only act if the improvements are approved by a majority vote of the district’s residents. Alternatively, approval may come from a resident advisory council established by local ordinance.
This new authority is subject to any prohibitions contained in the district's local ordinance. The existing powers of the district board remain unchanged.
The provision takes effect on July 1, 2026. It adds a new subsection to the existing statute governing neighborhood improvement districts.
AIGrants district boards the power to plan, finance, or complete structural safety and building compliance improvements.
AIRequires a majority vote of the district’s residents to approve the structural improvements.
AIPermits approval by a resident advisory council if one is established by local ordinance.
AIExplicitly includes improvements required under state or local structural recertification programs within the new authority.