Bill Title: Oversight requirements for state assistance. Provides that the distressed unit appeal board (DUAB) must before January 1, 2019, establish financial and qualitative indicators and thresholds that will be used by the DUAB to determine if a political subdivision that is seeking state assistance must: (1) enter into an oversight agreement with the DUAB; and (2) comply with specified requirements and conditions; before any state assistance may be provided to the political subdivision. Provides that in establishing these indicators and thresholds, the DUAB shall consider: (1) certain factors specified in current law for the purposes of evaluating the fiscal health of

Sponsorship: Partisan Bill (Republican 1)

Status: (Introduced - Dead) 2018-01-16 - First reading: referred to Committee on Ways and Means [HB1321 Detail]

Text: Latest bill text (Introduced) [PDF]

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