A760 — Eliminates five percent down payment requirement for local bond ordinances involving hazard mitigation and resilience projects.

A760 — Eliminates five percent down payment requirement for local bond ordinances involving hazard mitigation and resilience projects. · Informed CitizenryAssembly Bill A760 removes the mandatory 5% down payment requirement that local governments must collect when issuing bonds to fund hazard mitigation and resilience projects. Previously, communitie…Open in Informed Citizenry