SB 3218: RESILIENT INFRASTRUCTURE FOR SHELTER AND EQUITY BONDS; COUNTIES; COUNTY DEBT LIMIT STATEMENTS; TRANSIT-ORIENTED DEVELOPMENT ZONE

Part I:  Substitutes the word "tax increment" with "resilient infrastructure for shelter and equity" for purposes of the Resilient Infrastructure for Shelter and Equity Act, except under certain circumstances.  Part II:  Conforms state law concerning county debt limits to permit counties to exclude resilient infrastructure for shelter and equity bonds from the debt limit of the counties, if a constitutional amendment authorizing the use of resilient infrastructure for shelter and equity bonds and excluding resilient infrastructure for shelter and equity bonds from determinations of the counties' funded debt is ratified.  (CD1)