-Specifies that "local government entities" do not include school districts, city districts or special purpose districts created by counties under county law (Sec. 750).
-Allows consolidation proceedings between two or more contiguous government entities to begin through either a joint resolution or consolidation agreement by the governing bodies of the local government entities, or through an electoral initiative (Sec. 751).
-Mandates that a public hearing must take place regarding the proposed joint consolidation agreement set by the local government entities that are being consolidated, between thirty-five and ninety days after consolidation proceedings first begin (Sec. 754).
-Enables electors of two or more local government entities to commence a consolidation proceeding by filing a petition with the signatures of either at least ten percent of the number of electors or five thousand electors, whichever is less (Sec. 757).
-Provides that electors may cause a referendum to be held on the proposed consolidation of two or more local government entities and thus stop it from occurring, provided that a petition for a referendum is submitted not more than forty-five days after a consolidation is approved by these entities (Sec. 763).
-Allows for proceedings regarding the dissolution of local government entities to be put in motion through a resolution of the governing body endorsing a dissolution plan, or through an elector initiative (Sec. 773).