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Proposed date: Tuesday, May, 15th 2007
Latest Update: Friday, August, 15th 2008

Providing public accountability for taxpayer subsidies of private business;
prohibiting new tax increment financing (TIF) district certifications and TIF
district duration extensions after a certain date; defining business subsidies,
prohibiting local government units (political subdivisions) from providing
business subsidies, exception for certain authorized TIF districts; requiring
public hearings for business subsidies and public notice; defining local
government units providing subsidies as host municipalities and authorizing
certain sharing; repealing certain economic development definitions, abatement
and bonding authority and administrative powers
(rt)

Latest Actions
  • 05/16/2007 - Introduction and first reading
  • 05/16/2007 - Referred to Taxes
Bill Text
File name Last Updated
SF230403/16/2008