Summary of the Introduced Bill

HB 517 -- Tax Increment Financing

Sponsor:  Hummel

This bill specifies that the sales tax for the operation of
public safety departments and the sales tax for funding local
parks in St. Louis City cannot be considered economic activity
taxes or levies upon taxable real property for any new
transaction approved under the Real Property Tax Increment
Allocation Redevelopment Act.

Copyright (c) Missouri House of Representatives


Missouri House of Representatives
95th General Assembly, 1st Regular Session
Last Updated November 17, 2009 at 9:25 am