SB0287

Economic Development - Tax Increment Financing - Noncontiguous Areas

Authorizing the governing body of a political subdivision to designate certain noncontiguous blighted areas as development districts; and defining "blighted area" as one in which a majority of buildings have declined in productivity by reason of obsolescence, depreciation, or other causes to an extent that they no longer justify fundamental repairs and adequate maintenance.

Basic Information

Status
Na
Session
2026 Regular Session
Type
Unknown
Cross-filed
HB0135

Links

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Upcoming Events

Hearing
February 03, 2026 at 14:00
📍 Budget and Taxation
Hearing - Budget and Taxation Committee

Sponsors

McCray