Thursday, March 12, 2009

Development-related bills popular this session

It's come to the point where the acronyms are jokes on the House and Senate floors: we've got TIDDs, PIDs, and IDZs. All are different mechanisms to pay for development in our state, and all are before lawmakers this session.

The TIDDs have gotten big attention so far. And I wrote this about the IDZs. Another bill, one that allows private-public facilities bonds, popped up last night in committee and is now headed to the House floor. Sponsored by House Speaker Ben Lujan, the measure allows cities to pay part or all of bonds for projects related to the agricultural, mining and film industries.

As the state grapples with its budget and how to pay for future growth, expect heated debate in the coming days on development policies.

No comments:

Post a Comment