HB 351 -- INDUSTRIAL DEVELOPMENT CORPORATIONS (Quinn)

Current law requires that any member of the board of directors of
an industrial development corporation be a registered voter and,
for at least five years, a taxpayer in the county or city.  This
bill makes these requirements optional for industrial development
corporations located wholly within third or fourth classification
counties.  It also lowers the number of years directors must be
resident taxpayers from five years to one year.

FISCAL NOTE:  No impact on state funds.

Missouri House of Representatives
Last Updated July 25, 2003 at 10:11 am