ID H0096

Requires urban renewal agency plans to include a statement describing the total assessed valuation of the base assessment roll of the revenue allocation area and the total assessed valuation of all taxable property within the municipality.

Adds a termination date requirement for revenue allocation area plans, with the agency to receive revenue allocation in the calendar year following the last year specified in the plan.

Permits taxing districts whose geographical boundaries overlap a proposed revenue allocation area to opt out by resolution or written official notice, but only during the plan proposal period.

Prohibits taxing districts from opting out or withdrawing from a revenue allocation area after the plan has been approved by the governing body.