BUSINESS IMPROVEMENT DISTRICTS Senate SponsorsSen. Sara Feigenholtz-Mattie Hunter-Donald P. DeWitte and Mike Porfirio House Sponsors(Rep. Kam Buckner-Carol Ammons) 7/1/2024SenatePublic Act . . . . . . . . . 103-0646 New ActCreates the Business Improvement District Law. Allows a municipality to create a business improvement district by ordinance. Sets forth requirements for an ordinance creating a business improvement district. Provides that a business improvement district may impose district charges on property owners whose real properties are located within the business improvement district. Provides that the board of directors of a business improvement district shall administer or implement activities and improvements specified in the district plan unless the board contracts with a district management association to do so. Contains provisions relating to district plans; formation of a district; district boundaries; terms and renewal of districts; amendment to district plans; governance of the district; reports of the board of directors of a business improvement district; contesting the validity of a business improvement district, district plan, or district charge; dissolution; and legislative purpose. Provides that the Act applies only to municipalities having a population exceeding 500,000. Defines terms. Effective immediately.Senate Committee Amendment No. 1 Corrects a cross-reference. 2/9/2024SenateFiled with Secretary by Sen. Sara Feigenholtz 2/9/2024SenateFirst Reading 2/9/2024SenateReferred to Assignments 2/21/2024SenateAdded as Chief Co-Sponsor Sen. Mattie Hunter 2/21/2024SenateAdded as Chief Co-Sponsor Sen. Donald P. DeWitte 2/28/2024SenateAssigned to Executive 3/6/2024SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Sara Feigenholtz 3/6/2024SenateSenate Committee Amendment No. 1 Referred to Assignments 3/6/2024SenateSenate Committee Amendment No. 1 Assignments Refers to Executive 3/6/2024SenateSenate Committee Amendment No. 1 Adopted 3/7/2024SenateDo Pass as Amended Executive; 010-000-000 3/7/2024SenatePlaced on Calendar Order of 2nd Reading March 12, 2024 3/14/2024SenateSecond Reading 3/14/2024SenatePlaced on Calendar Order of 3rd Reading March 20, 2024 4/10/2024SenateThird Reading - Passed; 059-000-000 4/10/2024HouseArrived in House 4/10/2024HouseChief House Sponsor Rep. Kam Buckner 4/10/2024SenateAdded as Co-Sponsor Sen. Mike Porfirio 4/11/2024HouseFirst Reading 4/11/2024HouseReferred to Rules Committee 4/24/2024HouseAssigned to Revenue & Finance Committee 5/2/2024HouseDo Pass / Short Debate Revenue & Finance Committee; 018-000-000 5/2/2024HousePlaced on Calendar 2nd Reading - Short Debate 5/9/2024HouseSecond Reading - Short Debate 5/9/2024HousePlaced on Calendar Order of 3rd Reading - Short Debate 5/17/2024HouseThird Reading/Final Action Deadline Extended-9(b) May 24, 2024 5/22/2024HouseThird Reading - Short Debate - Passed 096-014-000 5/22/2024SenatePassed Both Houses 5/22/2024HouseAdded Alternate Chief Co-Sponsor Rep. Carol Ammons 6/6/2024SenateSent to the Governor 7/1/2024SenateGovernor Approved 7/1/2024SenateEffective Date July 1, 2024 7/1/2024SenatePublic Act . . . . . . . . . 103-0646