Conservancy districts providing sewer service.

Provides that a tract of land may be removed from a conservancy district if: (1) the conservancy district was established for sewage collection purposes; (2) the tract of land is located partly or completely within the boundaries of the conservancy district; (3) no structure on the tract of land is served by the conservancy district's sewage service; and (4) the tract of land has been annexed by a municipality that will provide sewer service to the tract of land. Specifies that the setting or changing of the rates and charges for sewer service provided by a conservancy district must include a public hearing with notice, the right of property owners to file a written petition objecting to the rates and charges, and a possible hearing and decision by the circuit or superior court on the objectors' petition. Requires the board of a conservancy district established for sewage system purposes to discontinue the collection of any special benefits tax after construction of the sewage system is completed and becomes operational. Provides that if: (1) a conservancy district is established for sewage system purposes; (2) a tract of land is located partly inside and partly outside the boundaries of the conservancy district; and (3) no structure on the tract of land is connected to the conservancy district's sewage service; the tract of land and all improvements located on the tract of land are exempt from the special benefits tax that may be imposed by the conservancy district.