Bill No.: HB0007                  Drafter:  LGC

LSO No.:  07LSO-0116              Effective Date:  7/1/2007

Enrolled Act No.:  HEA0031

Chapter No.:       63

Prime Sponsor:     Joint Corporations, Elections and Political Subdivisions Interim Committee

Catch Title:       Fire protection districts-bonding.

Subject:           Increases bonding limit for fire protection districts.

Summary/Major Elements:

· The act increases the maximum bonding amount allowed for fire protection districts from two percent to four percent of assessed valuation.