Staff Analysis of the Legislation
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This bill deals with powers of housing authorities and issuance of bonds, so as to change certain provisions regarding bond issuance and validation. Any action pertaining to issuance of bonds, of an authority, shall be brought in the superior court of the county where the eligible housing units to be financed with the bonds are located. If these housing units are located in more than one county, the action may be brought in either the superior court of the county where the authority is located, or in the superior court of any county where the eligible housing units are situated. |