Class 2 municipalities; industrial development boards, powers amended

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Plain-English Summary

This bill expands the powers of industrial development boards in Class 2 municipalities. It allows these boards to issue bonds and to acquire, construct, and manage various "development projects," which can include land, buildings, and equipment for industrial, commercial, residential, or other uses. The goal is to promote trade, commerce, industry, and employment opportunities within these municipalities.

No official summary on file for this bill · generated by Gemini 2.5 Flash from its full text

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