INTRODUCED
HB 1330 -- Tax Increment Financing
Co-Sponsors: Auer, Leake
Current tax increment financing (TIF) statutes allow
municipalities to use eminent domain to acquire land or
properties which are part of a TIF redevelopment plan. This
bill prohibits the use of eminent domain for such redevelopment
plans if the property in question is zoned or assessed as
agricultural property, or, in the absence of zoning, used
exclusively for agricultural purposes.

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Last Updated October 5, 2000 at 11:32 am