This bill modifies provisions related to retail facility incentive payments.
This bill:
- defines terms and modifies definitions;
- clarifies that the Governor's Office of Economic Opportunity may not offer a retail facility incentive payment;
- provides that a public entity may make a retail facility incentive payment for a retail facility included as part of a mixed-use development that includes housing units, under certain circumstances;
- modifies the process by which a public entity that makes a retail facility incentive payment submits a written report on the retail facility incentive payment to the Governor's Office of Economic Development; and
- makes technical and conforming changes.

Statutes affected:
Introduced: 11-41-102, 11-41-103, 11-41-104