The initiative concerns only the implementation of national investment projects. According to the proposed changes, the decision to pledge property will be made directly by the local self-government executive body.
Conditions and decision-making procedures
The innovation will only affect projects that have passed the selection procedure established by the Cabinet of Ministers and are included in a special list. The authors of the bill explain that the current procedure, which requires prior consent from the local kenesh, can delay the process of creating security for obligations and hinder investment development.
Despite the simplified procedure, oversight by deputies remains. The executive body is obliged to notify the local kenesh of the decision made within the established timeframe.
Bill conditions
According to the initiators, such measures will help increase the investment attractiveness of the regions and accelerate the fulfillment of state tasks. At the same time, the proposed document does not exclude municipal property from the scope of general oversight by local councils.
