Counties can now deduct their administrative costs from the tax increment financing money they collect on behalf of municipalities that create these districts. This changes existing law by allowing counties to be compensated for the work of managing and administering these special tax districts, rather than absorbing those costs unpaid.
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House of Representatives Withdrawn at the Request of the Prime Sponsor H.J. 148
House of Representatives Referred to House Taxation H.J. 104
First Reading House H.J. 37
Prime sponsor · Rep
R
Dist. HD-003
Prime sponsor · Sen
R
Dist. SD-018
cosponsor · Rep
R
Dist. HD-003
cosponsor · Sen
R
Dist. SD-003
cosponsor · Rep
R
Dist. HD-023