modify the blight requirements for purposes of creating a tax increment financing district.

Summary

The bill revises the minimum amount of blighted land required and removes the need to list specific parcels when a county proposes a tax increment financing (TIF) district. It also adds a consent requirement for any municipality that would be part of the district and clarifies what qualifies as a blighted area. The changes aim to make it easier for counties to establish TIF districts while setting clearer standards for blight.

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