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State Land Use Enacted Legislation
| Bill # | State | Year | Party | Topic |
|---|---|---|---|---|
SB 65 |
UT | 2021 | R | Affordable housing incentives and financing, Tax Increment Financing |
Provided by Furman
Summary
- Authorizes Community Reinvestment Agencies to levy a property tax on property within the agency’s boundaries if they enter into an interlocal agreement with an eligible taxing entity.
- Requires Community Reinvestment Agencies that levy a property tax to allocate a portion of revenue equal to its housing allocation for affordable housing and allows such agencies that levy a property tax to use eminent domain for urban renewal or community reinvestment projects.
Provided by lawmakers
Bill Title
Community Reinvestment Agency Amendments