municipal development fees; proportional fees

Summary

The bill lets cities and towns assess fees on new development, but requires the fee to equal only the share of costs for the public services the development will use. Fees cannot fund unrelated projects, maintenance, or administrative costs, and must be collected under specific conditions. This aims to ensure developers pay fairly for infrastructure without overcharging municipalities.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share