Bill Title: Revised for 2nd Substitute: Creating an option for impacted taxing districts to provide a portion of their new revenue to support any tax increment area proposed within their jurisdiction and clarifying that a tax increment area must be dissolved when all bond obligations are paid.Original: Creating an option for impacted taxing districts to provide a portion of their new revenue to support any tax increment area proposed within their jurisdiction.

Spectrum: Slight Partisan Bill (Democrat 6-3)

Status: (Passed) 2024-03-25 - Effective date 6/6/2024. [HB2354 Detail]

Text: Latest bill text (Chaptered) [PDF]

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