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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