Public finance; Local Development Act; definitions; plans; approval; review committees; economic impact statement; procedures; effective date.

Summary

The measure proposes to define terms and establish procedures for local development plans, require economic impact statements, and create review committees to oversee approvals. It would affect local governments and developers by outlining how projects are evaluated and financed. The bill is currently referred to the General Government Committee, with an amendment to delete Section 5.

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

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