Removes authorization for grants in tax increment financing districts.

This bill removes the authorization to issue grants as part of a tax increment financing district. It amends the definition of "project costs" to exclude grants and modifies the conditions under which a district can be terminated. The bill affects political subdivisions and their ability to fund projects within tax increment financing districts.

Removes authorization for grants in tax increment financing districts.

This bill removes the authorization to issue grants as part of a tax increment financing district. It amends the definition of "project costs" to exclude grants and modifies the conditions under which a district can be terminated. The bill affects political subdivisions and their ability to fund projects within tax increment financing districts.