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Mimi Stewart, a Bernalillo Democrat. But, on Thursday, she told <em>Albuquerque Business First</em> that the bill is being modified to work with a bill sponsored by Rep. Jason Harper, a Rio Rancho Republican.</p>","<p>The new bills are similar, and both seek a reduction in the fees that developers can charge in a Public Improvement District and would establish voting rights for those that own property in the districts.</p>","<div class=\"paywall-content\"><p>The bills were introduced at the request of Attorney General Gary King after much publicity about issues that arose at the Mariposa development by High Desert Investment Corp.</p>","<p>Last summer, HDIC pulled out of its deal to develop the land, which is located in a public improvement district, and left 100 homeowners with a $16 million tax debt.</p>","<p>The new bill, Stewart said, won't affect smaller PID districts, such as Downtown Albuquerque's Business Improvement District, only larger developments.</p>","<p>Click <a href=\"http://www.bizjournals.com/albuquerque/blog/morning-edition/2013/02/improvement-district-bill-altered.html\" target=\"_blank\"><em>Albuquerque Business First</em></a> to read the full story.</p></div>"],"slides":[],"video":null},"articlePackages":[],"youmightlike":[{"uri":"/2018/08/10/cuomo-trumps-capital-gains-tax-cut-would-cost-ny-500m/","title":"Cuomo: Trump's Capital Gains Tax Cut Would Cost NY $500M","byline":"John Jordan","prettyDate":"August 10, 2018","readtime":"3","image":{"uri":"https://images.globest.com/contrib/content/uploads/sites/306/2018/08/CUOMO-TAX-BILL-8-2018-resized.jpg","width":"616","height":"372"},"summary":"The State Department of Tax and Finance estimates the capital gains tax cut, if implemented, would reduce state tax revenues by up to $500 million annually."},{"uri":"/2018/07/31/ecommerce-users-plant-roots-in-phoenixs-southwest-valley/","title":"Ecommerce Users Plant Roots in Phoenix's Southwest Valley","byline":"Kelsi Maree Borland","prettyDate":"July 31, 2018","readtime":"1","image":{"uri":"https://images.globest.com/contrib/content/uploads/sites/311/2018/07/Screen-Shot-2018-07-31-at-11.18.39-AM.png","width":"616","height":"372"},"summary":"Ecommerce accounts for 39% of all lease transactions, and the Southwest Valley is getting a bulk of the leasing and new development activity."},{"uri":"/2018/07/31/quiet-skies/","title":"Quiet Skies","byline":"Anthony J. 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