Summary of the Introduced Bill

HB 324 -- Tax Increment Financing Districts

Sponsor:  Silvey

This bill requires revenue from a tax increase within a tax
increment financing district to be used solely for the specified
purposes of the tax increase and specifies that the revenue
cannot be used for or diverted to any redevelopment plan or
project within the district.

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Missouri House of Representatives
95th General Assembly, 1st Regular Session
Last Updated November 17, 2009 at 9:24 am