To revise many details and definitions in a law that authorizes local tax increment finance schemes for authorities that grant cash and loan intended to clean up abandoned industrial sites when the program was authorized in the 1990s, but for some time have frequently also included standard “economic development” subsidies to developers. The effect of this and related bills would expand the types of properties and activities that are eligible for these subsidies.
| 106 Yeas / 2 Nays | |
|---|---|
