Senate rejects 30-year sunset amendment to County Economic Opportunity District bill
Senators debated an amendment to S.B. 749 that would start a 30‑year clock on new district bond issues after Jan. 1, 2026; proponents said it adds predictability for taxpayers and bondholders, opponents said it would jeopardize projects and deter outside capital. The amendment was rejected 13‑20.
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Senators on Feb. 21 debated an amendment to Senate Bill 749 (which authorizes county economic opportunity development districts) that would require any district that issues bonds after Jan. 1, 2026, to be subject to a 30‑year final life cycle.
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