Establishes municipal improvement areas for financing public infrastructure projects.
Advances the clean energy transition by establishing municipal improvement areas for financing public infrastructure projects. Requires a joint review board to approve the areas and plans. Permits the use of tax increment financing for project costs, including public improvements, public infrastructure, and relocation costs. Requires annual audits and reports on the areas' status and financial transactions.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
Analyze for Free
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.