HB 1529 -- Tax Increment Financing

Sponsor:  Lembke (85)

Current law prohibits tax increment financing projects from being
authorized in flood plain areas located in St. Charles County.
This bill repeals the prohibition.

Current law allows tax increment financing projects approved
after July 1, 2003, and located in St. Charles County to increase
project costs by up to 40% of the original projected cost and to
expand its boundaries by up to 5%.  The bill repeals these
options.

Missouri House of Representatives
92nd General Assembly, 2nd Regular Session
Last Updated September 23, 2004 at 11:15 am