Mountain Lake tax increment financing special rules authorized.

Summary

The bill changes the existing rules for the city of Mountain Lake’s TIF District No. 1‑8, giving the district a three‑year window (ending April 1, 2029) to complete required activities instead of five years. It also lengthens the period during which the district can use the tax increment from the 11th to the 14th year after certification. The changes take effect once the city’s governing body and chief clerk meet specific statutory filing requirements.

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