Property owners would receive written notice at least 10 days before a city or county establishes a tax increment financing district (TIF) that affects their land. The notice must inform them that their property is in the proposed district and tell them when it will be established. This adds a new notification requirement to ensure property owners know about TIF districts that may impact their property taxes before the district is officially created.
AI-generated summary
House of Representatives Withdrawn at the Request of the Prime Sponsor H.J. 148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