Revises provisions relating to impact fees. (BDR 22-1144)

AN ACT relating to impact fees; defining “school project”; expanding the types of capital improvements for which a local government may impose certain impact fees to include a school project; prohibiting a local government from authorizing a developer to dedicate real property in lieu of paying an impact fee for a school project; providing an owner of land who pays a tax on residential construction is entitled to a credit against any impact fee imposed for certain school projects; and providing other matters properly relating thereto.