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Public infrastructure districts (PIDs) are special government entities created to finance roads, utilities, and other infrastructure for new development, typically funded through property taxes on land within the district. This bill updates several rules governing how PIDs operate: it clarifies that government entities, utility providers, and homeowners associations whose only ownership interest in an area is an easement or right-of-way don't count toward the 100% property owner consent requirement needed to create or modify a district; it adds new requirements for annexing land into a district, including that the district's founding documents must specifically authorize annexation and, if the new land falls outside the boundaries of the city or county that created the district, that local government must also approve; it creates a formal dissolution process requiring a PID board to wind down and transfer completed infrastructure once debts are paid and projects are finished; it expands the required contents of public notices a PID must file with the county recorder to include a description of the district's purpose, a summary of planned improvements, debt limits, and contact information for prospective property buyers; and it requires appointed board members to file and publicly post conflict of interest disclosures.