Legislative Session number- 83

Bill Name: SF3037

Modifying certain tax increment financing provisions; eliminating the
requirement for decertification of TIF districts or hazardous +substance
subdistricts established to pay for the local match requirement for
contamination cleanup grant eligibility purposes and a certain +exclusion from
the definition of housing district relating to fair market value of improvements
constructed for other than low and moderate income +housing; expanding the
definition of tax increment to repayment or return of +tax increments under
certain agreements and to the market value homestead+ credit; transferring the
requirement for filing of copies of development or +project plans with the state
auditor from the commissioner of revenue to the development authority; modifying
certain housing district +qualification requirements and certain conditions
under the requirement to add net +tax capacity increases to the original net tax
capacity for tax increment computation purposes; repealing the three year
activity rule and +certain developer payment use restrictions (ra)