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1998 SESSION

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SB 2 Constitutional amendment; agreements for sharing revenues.

Introduced by: Charles R. Hawkins | all patrons    ...    notes | add to my profiles

SUMMARY:

Constitutional amendment (voter referendum); agreements for sharing revenues and costs of designated areas; special governing bodies. Provides for a referendum at the November 3, 1998, election on a constitutional amendment which will authorize the General Assembly to provide by general law or special act for county-city-town agreements to share the revenues and costs associated with a particular land area designated by the agreement. The law shall provide for a special governing body to be selected by the governing bodies of the localities and for the powers of the special governing body. The law may provide for adoption of the agreement upon approval of the governing bodies of the participating localities. Fiscal commitments to finance the development and maintenance of areas under the jurisdiction of the special governing body will not constitute debt of the participating localities.


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