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SF 561 Senate Long Description

Providing public accountability for taxpayer subsidies of private business; prohibiting new, extended or expanded tax increment financing (TIF) districts after a certain date; restricting certain business subsidies by cities or counties, specifying certain public notice and hearing requirements for subsidies proposed; authorizing host cities or counties (municipalities) to request other counties, cities or school districts within the boundaries of businesses receiving subsidies to provide a share of the subsidy; repealing certain city, town, school district or county property tax abatement authority, authorizing the continuation of tax abatements granted before a certain date
(ra)