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LA SB141

Bill

Status

Passed

6/25/2010

Primary Sponsor

Troy Hebert

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Origin

Senate

2010 Regular Session

AI Summary

Legislative Description

Authorizes public entities utilizing tax increment finance ("TIF") to enter into a joint venture or cooperative endeavor with one or more other public entities utilizing TIF to utilize all or a portion of the tax increments generated within their TIF areas in order to jointly finance or refinance one or more economic development projects located within their TIF areas. (gov sig)

LOCAL FINANCE

Last Action

Effective date 6/25/10.

6/25/2010

Committee Referrals

Local & Municipal Affairs3/16/2010

Full Bill Text

No bill text available