Tax increment financing provisions modified, various pooling provisions clarified, administrative expense limitations clarified, and application of violations and remedies expanded.
Various pooling provisions clarification
Tax increment financing; redevelopment districts eligibility modified, renewal and renovation districts repealed, and duration limits shortened.
Eligibility modification for redevelopment districts
Tax increment financing; five- and six-year rules for certain districts extended, and income restrictions removed for certain housing districts.
Five- and six-year rules extension for certain districts
Five-and six-year tax increment financing rules for certain districts authorization; certain housing districts income restrictions removal
Clarify provisions pertaining to tax increment finance districts.