SB 682 – Prohibits TIF projects which would result in predominately residential use development

• Sponsor: Koster
• LR Number: 2457S.01I
• Committee: Economic Development, Tourism & Local Government
• Last Action: 3/28/2007 - Hearing Conducted S Economic Development, Tourism & Local Government Committee
• Effective Date: August 28, 2007

Current Bill Summary

SB 682 - This act prohibits the authorization of new tax increment financing projects which would result in residential use development comprising seventy-five percent or more of the total square footage of the area contained in a redevelopment plan.

JASON ZAMKUS