Allow tax increment financing for police, firefighting facilities
Referred to committee
Summary
The bill changes the state’s TIF statutes so that municipalities can treat police and firefighting buildings as eligible public‑purpose improvements and finance them with service payments in lieu of taxes. It sets detailed rules for creating incentive districts, notifying property owners, and obtaining school‑board and county approvals. The measure aims to give local governments another tool for public‑safety infrastructure without raising taxes.
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