H0235: Alternative Mobility Funding Systems
Legislative Summary
Revises requirements relating to agreements to pay for or construct certain improvements; authorizes certain local governments to adopt alternative mobility planning & fee system or alternative system in certain circumstances; prohibits alternative system from imposing responsibility for funding existing transportation deficiency on new development; prohibits local governments that do not issue building permits from charging for transportation impacts; prohibits local governments from assessing multiple charges for same transportation impact; revises requirements for calculation of impact fees by certain local governments & special districts; requires local governments transitioning to alternative funding systems to provide holders of impact fee credits with full benefit of intensity & density of prepaid credit balances as of specified date.
