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Office of the Revisor of Statutes

SF 1898 Senate Long Description

"Main Street and Neighborhood Revitalization and Reinvestment Act"; authorizing local government county boards to establish by resolution a main street revitalization and reinvestment program for county cities or neighborhoods in order to provide safe and healthy environments, economic and social stability and better living places; specifying minimum program contents, a process, resident participation, action plan requirement; establishing an oversight board and prescribing duties and powers; specifying funds permitted uses; appropriating money to the commissioner of employment and economic development (DEED) for program funding; specifying a distribution formula, permitted federal funds and tax increments (TIF) and abatement uses, requiring a report to DEED
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