relative to special assessment requests from pooled risk management programs.

SB 605 extends the payment timeline for special assessments issued by pooled risk management programs to local governments. It requires political subdivisions (such as towns, cities, and counties) to pay these assessments over 36 months from the invoice date, in equal installments, instead of immediately. The bill does not create new assessment requirements but changes the payment schedule for existing ones. This provides local governments with more time to manage cash flow for these costs, without altering the total amount owed.