Bill Title: Authorizes municipalities to re-direct real property tax payments made by project occupants which agree to invest in or construct infrastructure improvements for certain economic development projects; such re-directed payments shall be used to retire any debt incurred for the construction and development of such infrastructure improvements.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Introduced - Dead) 2011-05-11 - enacting clause stricken [A00852 Detail]

Text: Latest bill text (Introduced) [HTML]

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