HB1362: Annexation.

Legislative Summary

Annexation. With certain exceptions, requires a municipality that initiates an annexation to file with the court an annexation petition approved by the signatures of: (1) at least 51% of the owners of land not exempt from property taxes in the annexation territory; or (2) the owners of at least 75% in assessed valuation of land not exempt from property taxes in the annexation territory. Requires the court to hold a hearing if the petition has the necessary signatures. Adds provisions for determining the validity of signatures. Provides that a landowner may enter into an agreement to consent to a future annexation in certain circumstances. Eliminates the following: (1) Remonstrances and remonstrance waivers. (2) Reimbursement of remonstrator's attorney's fees and costs. (3) Adoption of a fiscal plan for voluntary annexations requested by 100% of landowners in the annexation territory. (4) Settlement agreements in lieu of annexation. (5) Provisions regarding contiguity of a public highway.