Summary of the Introduced Bill

HB 1622 -- 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
purpose of the tax increase, and the revenue must not be used for
or diverted to any redevelopment plan or project within the
district.

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Missouri House of Representatives
93rd General Assembly, 2nd Regular Session
Last Updated November 29, 2006 at 9:44 am