SB 114
Allows school and library districts to be reimbursed for 50% of their tax increment under a TIF plan
Sponsor:
LR Number:
0150S.04I
Last Action:
3/4/2015 - Hearing Conducted S Jobs, Economic Development and Local Government Committee
Journal Page:
Title:
Calendar Position:
Effective Date:
August 28, 2015

Current Bill Summary

SB 114 - For tax increment financing projects approved after August 28, 2015, school districts and library districts shall be entitled to a 50% reimbursement of their tax increments.

This act is similar to a provision in SB 213 (2013).

MIKE HAMMANN

Amendments