HB 637 (DiCeglie) and SB 1066 (Gruters) are comprehensive bills regarding impact fees. The bills require a financial report for each impact fee trust fund annually. Local governments would be prohibited from collecting impact fees earlier than the date the building permit is issued. The bills allow impact fee credits to be transferred from one development to another within the same impact fee jurisdiction for the same type of facility. Each municipality is required to establish an impact fee review committee composed of two members from the local government, two members of the business community, two local contractors and one at large member. (Cruz)