This bill addresses tax increments for a housing and transit reinvestment zone proposal.
This bill:
- amends, for certain housing and transit reinvestment zones proposed by a municipality or county:
the term of years and period in which a property tax increment may be captured; andthe period in which the collection of a property tax increment is triggered; and
- makes technical and conforming changes.Statutes affected:
Introduced: 63N-3-603