HB1247 — lower the cost threshold at which a tax increment finance base must be redetermined.

HB1247 — lower the cost threshold at which a tax increment finance base must be redetermined. · Informed CitizenryHouse Bill 1247 proposes lowering the trigger point—or threshold—at which a Tax Increment Financing (TIF) area's foundational value, known as the TIF base, must be recalculated. Currently, ther…Open in Informed Citizenry