Steve Otis’ Bill Improving Openness and Accountability of Business Improvement Districts is Signed into Law
By signing this bill into law, the Governor has taken positive steps to improve the accountability of Business Improvement Districts to the property owners and tenants who comprise the membership of a BID,” said Otis. “Given the quasi-public nature of BIDs, it is important that BID activities be conducted in an open manner. This law codifies what should be the practice of any BID – that it provide its members with timely information about meetings, proposed expenditures and other BID policy decisions.