HB 1203 -- Tax Increment Financing

Sponsor:  Yates

For tax increment allocation financing (TIF) redevelopment
projects undertaken after August 28, 2004, located in areas with
residential and multifamily properties, this bill requires that
TIF proposals be approved by the school board of the school
district in which the properties are located.  If the TIF
proposal is not approved, the project will not be eligible for
tax increment financing.

Projects located in blighted areas are exempt from this
requirement.

Missouri House of Representatives
92nd General Assembly, 2nd Regular Session
Last Updated September 23, 2004 at 11:14 am