Legislation - SB0409

Title: Economic Development - County or Municipal Corporation Economic Development Authority - Powers and Use of Proceeds
Sponsored by: Senator King
Status: In the Senate - First Reading Budget and Taxation
Analysis

Synopsis

Expanding the acceptable names authorized for an economic development authority established by a county or municipal corporation; expanding the powers of an authority, subject to limitations in the articles of incorporation of the authority; authorizing an authority to issue certain bonds in accordance with certain requirements; expanding the authorized uses of tax increment proceeds; etc.

Committees

Original:: Budget and Taxation

Details

Cross-filed with: HB0097

Bill File Type: Regular

Effective Date(s): October 1, 2025

History

Legislation History
Chamber Senate Calendar Date 1/20/2025 Legislative Date 1/20/2025 Action First Reading Budget and Taxation Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	1/20/2025	1/20/2025	First Reading Budget and Taxation

File Code

Subjects

Statutes