our concern is the same concept, proposed by the surty bond companies could see its way into sbx 2, 4, which is the standard state p3 o law under which it was pursued. and so we would like to propose this as adding cost to p3 project and be in a position to rapidly amend, sbx 24 provisions similarly to this bill. and finally on page 2, ab 229 by the speaker is a new bill recommended watch and this is the speaker's approach to the replacement rda elimination and it does allow for the formation of infrastructure and revitalization districts and a little bit different than the ifd bills that we have seen, it relies on the property tax and trust funds as a financing source at

our concern is the same concept, proposed by the surty bond companies could see its way into sbx 2, 4, which is the standard state p3 o law under which it was pursued. and so we would like to propose this as adding cost to p3 project and be in a position to rapidly amend, sbx 24 provisions similarly to this bill. and finally on page 2, ab 229 by the speaker is a new bill recommended watch and this is the speaker's approach to the replacement rda elimination and it does allow for the formation of infrastructure and revitalization districts and a little bit different than the ifd bills that we have seen, it relies on the property tax and trust funds as a financing source and it does allow bonds to be sold against that source in the future by these new entities with a two-thirds vote required for the issue ans of the bonds. so, we have suggested a recommended a watch position. on page 4 of the matrix, there is a reintroduction by senator stain burg of a measure from last year and in this form it is sb 110, we are recommended watching this as well and it calls for a new approach for the c