SB 558 - Under current law, when an unincorporated sewer subdistrict of a common sewer district has been formed, the board of trustees of the common sewer district shall have the power to issue bonds, and the issuance of such bonds shall require the assent of 4/7 of the voters of the subdistrict on the question. This act states that as an alternative to such vote, if the subdistrict is a part of a common sewer district located in whole or in part in certain counties, bonds may be issued for such subdistrict if the question receives the written assent of 3/4 of the customers, as such term is defined in the act, of the subdistrict. This act is identical to a provision contained in the truly agreed HCS/SS/SB 44 (2021), a provision contained in the truly agreed CCS/SS/SCS/HCS/HB 734 (2021), a provision contained in the truly agreed CCS/SS#2/SCS/HCS/HB 271 (2021), a provision contained in SCS/HB 488 (2021), a provision contained in the perfected HCS/HB 835 (2021), and a provision contained in HCS/SCS/SB 40 (2021).
JAMIE ANDREWS