- Title
- Economic Development - Tax Increment Financing - Noncontiguous Areas
- Sponsored by
- Senator McCray
- Status
- In the Senate - Special Order until 2/17 (Senator Guzzone) Adopted
- Analysis
- Fiscal and Policy Note
Synopsis
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.
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Last Updated: 2/12/2026 10:58 AM
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