| SB 0634 | Modifies applicability of certain property taxes to certain tax increment financing projects |
| Sponsor: | Coleman | |||
| LR Number: | 1940S.01I | Fiscal Note: | 1940-01 | |
| Committee: | Ways and Means | |||
| Last Action: | 04/01/03 - Voted Do Pass S Ways & Means Committee | Journal page: | ||
| Title: | ||||
| Effective Date: | August 28, 2003 | |||
SB 634 - This act prevents the transitional district
operating levy authorized in current law from being subject to
certain tax increment financing projects. The tax will not be
subject to any certificate of tax abatement issued after August
28, 1998, or, as of January 1, 2002, such tax will not be subject
to any TIF project in St. Louis with the exception of a project
concerning a convention headquarters hotel adopted by ordinance
in St. Louis after August 28, 2003.
JEFF CRAVER