HB 1186
require the approval of the county for the creation of a tax increment financing district by a municipality.
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
House Bill 1186 would require a county’s board of commissioners to approve the creation of a tax increment financing (TIF) district by a city or municipality. TIF districts are areas where future property tax increases are used to fund improvements and development. This bill adds a layer of local government oversight to the TIF process, requiring county approval before a municipality can establish one. The bill aims to ensure that counties have a voice in the creation of these districts within their boundaries.
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Primary sponsors
Cosponsor
Aaron Aylward
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