MO HB1693

Repeals and replaces section 99.825 of Missouri law regarding tax increment financing (TIF) redevelopment area procedures.

Requires public hearings before adoption of redevelopment ordinances with notice to all affected taxing districts and opportunity for written objections and oral testimony.

Establishes that municipalities in three charter counties with specific population ranges (over 950,000; over 300,000 but under 450,000; or over 200,000 but under 350,000 inhabitants) cannot approve TIF projects opposed by the commission unless a majority of commission members vote to approve or voters approve by two-thirds majority.

Limits TIF projects in economic development areas to infrastructure only, including highways, roads, streets, bridges, sewers, water systems, sidewalks, and similar public improvements, but explicitly excludes buildings.

Allows changes to redevelopment plans before hearing conclusion with seven-day notice to affected taxing districts, and post-hearing changes without additional hearings if exterior boundaries are not enlarged and land uses are not substantially altered.