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MO HB2073
Bill
Status
2/8/2010
Primary Sponsor
Sally Faith
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AI Summary
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Modifies provisions for transportation development districts (TDDs) to create a separate framework for districts formed by local transportation authorities to operate public mass transportation systems
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For public mass transportation TDDs, allows the board of directors to consist of 3-5 persons appointed by chief executive officers of local transportation authorities, rather than requiring voter elections or property owner voting
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Allows adjacent property owners to be added to public mass transportation TDDs upon board approval and consent, eliminating the requirement for unanimous approval of existing property owners
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Exempts public mass transportation TDDs from commission approval requirements for project development and from certain state project approval procedures that apply to other TDDs
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Excludes sales and property tax revenues from public mass transportation TDDs from allocation under Missouri's economic development tax increment financing provisions (sections 99.800-99.865)
Legislative Description
Establishes special requirements for the formation of a transportation development district to operate a public mass transportation system
Last Action
Voted Do Pass (H)
3/4/2010