SB 0258 Modifies transportation development district law as it relates to special assessments
LR Number:1023S.01I Fiscal Note:1023-01
Last Action:01/23/03 - Second Read and Referred S Transportation Committee Journal page:S128
Effective Date:August 28, 2003
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Current Bill Summary

SB 258 - This act modifies the law regarding transportation development districts. Under this act, special assessments against property owners within a transportation development district shall constitute a lien and shall be enforceable in the same manner as a real estate tax lien. A default in the payment of one annual special assessment payment shall not accelerate the due date of subsequent annual special assessment payments. Under this act, no suit to set aside or contest special assessments may be brought more than 90 days after the initial notice of the assessment.