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State Land Use Enacted Legislation

Bill # State Year Party Topic

LD 1739

ME 2024 D Affordable housing incentives and financing, Lands near transit, Tax Increment Financing

Provided by Furman

Summary

  • Provides that a tax-increment financing (TIF) district may extend its TIF status for an additional 20 years if the district uses at least 75% of TIF revenue for affordable housing projects or transit-oriented development.

Provided by lawmakers

Bill Title

An Act to Extend Development District Tax Increment Financing Districts

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