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• Introduced by Rep. Elias Barela (D) on January 28, 2009, to spend $100,000 for the creating a new government entity in the Tax Increment Financing Task Force, create substantial changes in the Tax Increment for Development Act, including giving the Legislature the authority to specify the maximum amount of bonds which can be issued by the Tax Increment for Development District, reduce the tax revenue that may be dedicated to a particular district, define “greenfield” TIDDS, and make other restrictions.
  • Referred to the House Business and Industry Committee on January 28, 2009.