Legislative Session number- 84

Bill Name: SF3794

Relating to taxation; modifying certain tax increment financing (TIF)
provisions; modifying provisions relating to fiscal and economic implications of
the proposed tax increment financing district; removing the authority option to
increase or decrease the amount of interest on the debt to be capitalized;
removing the requirement for TIF districts to supply annual statement copies to
school boards; clarifying TIF district duration provisions; clarifying
expenditures outside the TIF district; clarifying use of revenues for TIF
decertification; allowing municipalities to transfer increments without regard
to district plan authorization; changing the due date for authority disclosures
or reports to the state auditor; clarifying the election exception for tax
increment obligations
(rt)