SB1861 — Relating to certain public facilities financed, owned, and operated by a public facility corporation.

SB1861 — Relating to certain public facilities financed, owned, and operated by a public facility corporation. · Informed CitizenrySB 1861 amends the Local Government Code to provide for the creation of corporations to finance, own, and operate multifamily residential developments. The bill specifies that an exemption for such…Open in Informed Citizenry