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MO HB1365
Bill
Status
1/14/2014
Primary Sponsor
Kurt Bahr
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AI Summary
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Requires municipalities to notify all affected taxing districts of public hearings before adopting ordinances for redevelopment areas, plans, or projects.
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Changes commission recommendation requirement to requiring a majority vote of commission members to approve redevelopment plans, projects, or area designations.
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Allows municipalities in certain charter counties (with populations exceeding specific thresholds) to approve projects without commission approval only by two-thirds governing body vote, limited to $3 million in economic activity taxes per project.
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Restricts tax increment financing in economic development areas to infrastructure projects only, excluding buildings, and covering items such as highways, roads, bridges, sewers, water systems, and sidewalks.
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Requires notice by mail and newspaper publication at least 10 days before adoption of post-hearing changes to redevelopment plans, and requires full public hearing procedures for changes that alter area boundaries or substantially affect land uses.
Legislative Description
Changes the laws regarding municipal redevelopment plans, projects, and areas
Last Action
Withdrawn (H)
1/22/2014