Relating to a temporary moratorium on the imposition of an impact fee.

HB 5489 imposes a temporary moratorium on impact fees charged by local governments (like cities and counties) for new development projects. It prohibits these fees after September 1, 2025, except for fees already pledged before that date to pay existing debt obligations. The moratorium expires on August 31, 2029, and takes effect September 1, 2025. This directly affects local governments and developers by delaying or preventing new fee collections during this period.