HB 40 -- INDUSTRIAL DEVELOPMENT CORPORATIONS (Tilley)

COMMITTEE OF ORIGIN:  Local Government

Currently, members of the board of directors in industrial
development corporations formed by municipalities in second
classification counties must be voters and taxpayers in the
municipality.  This bill eliminates that requirement and allows
the members to be voters and taxpayers in the county in which the
municipality is located.

The bill contains an emergency clause.

FISCAL NOTE:  No impact on state funds in FY 2006, FY 2007, and
FY 2008.

Missouri House of Representatives
93rd General Assembly, 1st Regular Session
Last Updated August 25, 2005 at 1:17 pm