Extends the City of Barre's authority to incur debt and retain tax increments for its tax increment financing district.

The bill amends existing law to extend the City of Barre's authority to incur debt for its tax increment financing district until March 31, 2028. Additionally, it extends the city's authority to retain municipal and education tax increments until June 30, 2039. This extension allows the city to continue leveraging tax increment financing to fund development projects within the district.

Extends the City of Barre's authority to incur debt and retain tax increments for its tax increment financing district.

The bill amends existing law to extend the City of Barre's authority to incur debt for its tax increment financing district until March 31, 2028. Additionally, it extends the city's authority to retain municipal and education tax increments until June 30, 2039. This extension allows the city to continue leveraging tax increment financing to fund development projects within the district.