House Bill 1546
DIGEST
Use of tax increment financing revenues. Authorizes redevelopment commissions, redevelopment authorities, and military base reuse authorities to use excess tax increment financing revenues to do the following: (1) Provide loans to governmental entities for operational expenses. (2) Provide grants to schools or social service organizations for career and technical programs that would benefit the local workforce and for vocational and substance abuse rehabilitation for individuals who have been convicted of misdemeanors or low level felonies. Makes technical corrections.
Use of tax increment financing revenues. Authorizes redevelopment commissions, redevelopment authorities, and military base reuse authorities to use excess tax increment financing revenues to do the following: (1) Provide loans to governmental entities for operational expenses. (2) Provide grants to schools or social service organizations for career and technical programs that would benefit the local workforce and for vocational and substance abuse rehabilitation for individuals who have been convicted of misdemeanors or low level felonies. Makes technical corrections.
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