To exempt library property taxes from being “captured” (with some exemptions) by a local tax increment finance authority (TIFA) to pay for its various projects and subsidies, if specified obligations of the authority have been met. The bill would give library boards the option of whether to allow their property tax millage revenue to be “captured” by a TIFA.
| 70 Yeas / 38 Nays | |
|---|---|
