Committee: County and Municipal Government | Sponsor: Smitherman |
Analyst: John Friedenreich | Date: 03/29/2022 |
FISCAL NOTE
Senate Bill 260 as passed the Senate could further delay potential increases in ad valorem tax receipts generated from a Tax Increment Financing district to state and local governments, resulting from the continuation of an expiring Tax Increment Financing district, or the amendment of a project plan for a TIF district, which may, pursuant to this bill, continue without re-determination of its assessed value.
Reed Ingram, Chair County and Municipal Government |