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MO HB445
Bill
Status
1/8/2015
Primary Sponsor
Keith English
Click for details
AI Summary
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Requires commission majority approval for redevelopment plans, projects, and area designations in charter counties with populations over 950,000 (St. Louis County), 300,000-450,000 (St. Charles County), and 200,000-350,000 (Jefferson County), as well as municipalities within those counties
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Effective August 28, 2015, municipalities in these specified counties cannot approve TIF projects, plans, or amendments unless a majority of commission members vote in favor
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Maintains existing requirement that municipalities elsewhere need a two-thirds majority vote of the governing body to override a commission recommendation opposing a redevelopment plan (effective since January 1, 2008)
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Limits tax increment financing in economic development areas to infrastructure projects only, including highways, roads, bridges, sewers, water systems, sidewalks, and traffic control systems—explicitly excludes buildings
Legislative Description
Establishes procedures for approving changes to redevelopment projects in St. Louis County, St. Charles County, and Jefferson County
Last Action
Referred: Economic Development and Business Attraction and Retention(H)
5/15/2015