HB 1243

Abstract

Public-Private Transportation Act of 1995; Public-Private Education Facilities and Infrastructure Act of 2002; affected local jurisdictions and public entities; consideration of economic impact.Requires a private entity requesting approval to develop and operatea qualifying transportation facility under the Public-Private TransportationAct of 1995 or a qualifying project under the Public-Private EducationFacilities and Infrastructure Act of 2002 to include an economicimpact analysis identifying any potentially adverse economic or revenueimpacts a potential comprehensive agreement may have on all affectedlocal jurisdictions. The bill further provides that affected localjurisdictions be given reasonable opportunity to consult with theparties concerning the nature and scope of the impacts and regardingmeasures that may be taken to avoid or mitigate the impacts or make the agreement revenue-neutral. The bill directs each responsiblepublic entity to certify compliance with the review of the economicimpact analysis provisions.