HB538 REQUIRES PROOF OF A BLIGHTED AREA BY CLEAR AND CONVINCING EVIDENCE.
Sponsor: Levin, David (82) Effective Date:00/00/0000
CoSponsor: Gibbons, Michael R. (94) LR Number:1518-01
Last Action: COMMITTEE: COMMERCE
02/16/1999 - Public Hearing Held (H)
HB538
Next Hearing:Hearing not scheduled
Calendar:Bill currently not on calendar
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Available Bill Summaries for HB538 Copyright(c)
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BILL SUMMARIES

INTRODUCED

HB 538 -- Tax Increment Financing

Co-Sponsors:  Levin, Gibbons

Current law establishes several criteria for qualifying for the
use of tax increment financing.  This bill requires that proof
of whether an area constitutes a blighted area, one of these
criteria, be shown by clear and convincing evidence.


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Last Updated September 30, 1999 at 1:25 pm