returned to Local Government (H)
Summary
The bill changes the tax‑increment financing rules so that, once private investors have fully funded a development, the Commonwealth and a consolidated local government must direct most of the extra tax revenue to the West End Opportunity Partnership for two decades. It also mandates a detailed local participation agreement and removes a prior limit on the General Assembly’s authority to require city spending or taxes.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
Topics
Track this bill
Get real-time alerts when HB 939 changes status, plus AI-powered summaries and stage predictions.
Sign up free