SB 961 - Nasheed, Jamilah
Authorizes certain tax increment financing projects in St. Louis City to have a longer project period
Bill Details
Sponsor
LR Number
6279S.01I
Title
SB 961
House Handler
N/A
Journal Page
Effective Date
August 28, 2014
Current Status
Second Read and Referred S Jobs, Economic Development and Local Government Committee
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 961 - This act authorizes certain redevelopment areas to be eligible to receive economic activity taxes and payments in-lieu of taxes for up to 25 years if the approving ordinance authorizes such time period. This act only applies to redevelopment areas in St. Louis City that contain more than 5 redevelopment projects pursuant to a redevelopment plan approved prior to 2004.
MIKE HAMMANN