This bill addresses community reinvestment agencies. This bill: - defines terms; - allows an agency to extend a project area funds collection period for a project area that includes a superfund site; - requires a county auditor to:submit annual project area and tax increment data to the Governor's Office of Economic Opportunity; andnotify taxing entities of the end of a project area funds collection period and the calculation of new growth attributed to the project area; - clarifies that an agency that has funds withheld due to non-compliance with reporting requirements will receive those withheld funds once the agency complies with reporting requirements; and - makes technical changes.

Statutes affected:
Introduced: 17C-1-416, 17C-1-603, 17C-1-606, 17C-1-607