HB1416--COMMUNITYIMPROVEMENTDISTRICTS SPONSOR: Seitz Thisbillrequiresacommunityimprovementdistricttoprovide noticetothegoverningbodyofthemunicipalityinwhichthe districtislocatedofplannedmeetingsandanyassociatedmeeting agendasatleasttencalendardayspriortothemeeting. Ifa districtcallsanemergencymeetingitmustprovidenoticeassoon aspossible. Thebilladdsthelistofdatesandlocationsofeachmeetingofa communityimprovementdistrictboardtothelistofitemscontained inareportthatadistrictisrequiredtoprovidetothemunicipal clerk,DepartmentofRevenue,theStateAuditor,andtheDepartment ofEconomicDevelopment. Thereportmustincludeanaffidavit signedbyaboardmemberunderpenaltyofperjurythatthe informationisaccurate. ThisbillrequirestheStateAuditortocalculateacompliance gradeforcommunityimprovementdistrictreportingcompliance. The Auditor'sofficewillpostthegradeonitswebsitenolaterthan 30daysafterthereportingdeadline. Ifacommunityimprovementdistrictfailstoachieveacompliance gradeofatleast80%itcanbeterminatedoritsboardmaybe dissolved. Aterminateddistrictmustimmediatelyceasecollecting anytaxitisauthorizedtoimpose,settleitsdebts,andreturn allremainingmoney. Thegoverningbodyofamunicipalitywillnotbeobligatedor liableforanyterminateddistrict'sremainingindebtedness, inaction,failureoffiduciaryresponsibility, fraudulentactivity, orotherencumbranceofsuchterminateddistrict.