2008 House Bill 6114 ↩

House Roll Call 900: Passed

To authorize local "transit revitalization investment zone” tax increment financing authorities (TIFAs), that could use “captured” tax revenues on street or building improvement projects related to development oriented to transit stations, with the intention of promoting transit ridership or passenger rail use. A county containing a transit authority zone could opt out of having its incremental tax revenue increases "captured" by the authority.