Legislative Session number- 83

Bill Name: SF1401

Relating to public finance; expanding the authority of county boards +to issue
capital notes for the purchase of capital equipment to computer +hardware and
software and the definition of debt obligation for building debt +recognition
purposes to bonds payable from county lease obligations; authorizing +boards of
counties not establishing county hospitals or nursing homes to by +resolution
authorize cities to establish the hospitals or nursing homes; +authorizing
cities to issue capital notes to purchase computer software and +providing for
city issuance of capital improvement bonds, exempting bonds issued +under
approved capital improvement plans from certain election requirements+ except by
petition, subjecting the bonds to net debt limits and city council +approval and
specifying certain notice publication requirements; authorizing and +providing
for the adoption of capital improvement plans, specifying certain +plan content
requirements and certain factors to be considered by city councils in+ preparing
the plans; extending the duration of maturities for general +obligation revenue
bonds issued by housing and redevelopment authorities (HRA) and for +revenue
bonds issued by economic development authorities; providing for legal+ actions
to challenge certain tax increment financing (TIF) decisions; +increasing the
limit on property tax abatements; defining street reconstruction for obligations
issuance authority purposes (je)