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SB 266 - Under this act, beginning August, 28, 2015, no municipality may begin to provide a service that is being provided by at least one private business within the boundaries of the municipality without a vote of the people. This act does not apply to services that are recreational in nature, situations in which the private business has no physical business presence or assets in the municipality, or services that have an annual fiscal impact of less than $100,000. In order to pose the question to voters of whether to authorize the municipality to provide a service otherwise prohibited under this act, the municipality must publicly release a study of the feasibility of offering the service and the financial implications at least 90 days before the election and determine the total estimated cost of the project for the next five years. If the question fails to receive a majority vote, it cannot be resubmitted to voters for two years. If the service is provided by the municipality, this act prohibits financial subsidization of the service from revenue collected from other services offered by the municipality and municipal funds being used to support the service unless the voters approve a specific revenue stream for it. MEGHAN LUECKE
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