Instructing the enrolling clerk of the house to make corrections in H.B. No. 4314.
Impact
The proposed corrections specifically involve amendments to Section 8476.201 of the Special District Local Laws Code. The resolution asserts the authority of districts to issue bonds and other obligations to secure funding for authorized purposes. It clarifies the mechanisms available for financing, specifying that bonds can be negotiated using various District funds, but prohibits the issuance of bonds that are wholly or partially funded through assessments.
Summary
HCR164 is a concurrent resolution stating the intent to make corrections to House Bill No. 4314. The resolution indicates that the bill has already been adopted by both the House of Representatives and the Senate and is ready for enrollment. However, it highlights the presence of technical errors within the text of H.B. 4314 that need to be amended before the final version is prepared. The resolution instructs the enrolling clerk of the House to implement these corrections.
Contention
While the resolution itself predominantly addresses technical inaccuracies, the language surrounding the issuance of bonds and financial obligations may spark discussions among stakeholders about fiscal responsibility and the implications of funding through various district revenues. The prohibition of bonds backed by assessments might also be a point of contention among districts that rely on such funding mechanisms.