HB 0351 (Truly Agreed) Modifies eligibility requirements for members of a board of directors of an industrial development corporation
Current Bill Summary
- Prepared by Senate Research -

HB 351 - This act would make the requirement that members of the Board of Directors of an industrial development corporation be registered voters and, for at least five years, taxpayers in the county or city optional where the corporation is formed by a municipality located wholly within third or fourth classification county. It also lowers the number of years directors of such corporations must be resident taxpayers from five years to one year.
RICHARD MOORE

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