Amends existing law to provide that a community infrastructure district may be formed within a county with the approval of the county.
COMMUNITY INFRASTRUCTURE DISTRICTS -- Amends existing law to provide that a community infrastructure district may be formed within a county with the approval of the county.
STATEMENT OF PURPOSE
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Community Infrastructure Districts (CIDs) were established in Idaho in 2008 to ensure that new real estate developments cover their infrastructure costs without burdening existing taxpayers. This authority has only been available for projects within a city or its comprehensive plan. House Bill 437 will enable counties to approve CIDs outside of a comprehensive plan. This change will address regional infrastructure needs (highways, roads, bridges, utilities) that arise from new developments outside a city or its comprehensive plan, thereby protecting existing taxpayers from the costs associated with that growth.
FISCAL NOTE
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This legislation causes no increase or decrease in revenue or additional expenditure of funds at the state or local level of government; therefore, this legislation has no fiscal impact. The CID is an independent financial entity; revenue collected through special assessments is dedicated to the district’s infrastructure projects. The CID does not impact the county’s general funds, as the county does not assume any debt service or operating expenses of the CID.
SOP revised: 03/26/2025, 1:43 PM
LATEST ACTION
Retained on General Orders
BILL INFO
- Session
- 2025
- Chamber
- house
- Status date
- Mar 21, 2025
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