Summary of the Introduced Bill

HB 977 -- Tax Increment Financing Districts

Sponsor:  Silvey

This bill requires revenue from a tax increase within a tax
increment financing district to be used solely for the specified
purpose of the tax increase, and the revenue must not be used for
or diverted to any redevelopment plan or project within the
district.

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Missouri House of Representatives
94th General Assembly, 1st Regular Session
Last Updated July 25, 2007 at 11:21 am