CS/CS/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. CS/CS/HB 637 was amended in committee to define the term infrastructure and in doing so, limit the use of impact fee revenue to capital expenditures specifically listed in the definition. This would include any fixed capital expenditure or fixed capital outlay associated with the construction, reconstruction or improvement of public facilities that have a life expectancy of five or more years; any related land acquisition, land improvement, design, engineering and permitting costs; and all other professional and related costs required to bring the public facilities into service. (Cruz)