SB6230 — Creating an option for impacted taxing districts to provide a portion of their new revenue to support any tax increment area proposed within their jurisdiction.

SB6230 — Creating an option for impacted taxing districts to provide a portion of their new revenue to support any tax increment area proposed within their jurisdiction. · Informed CitizenrySB 6230 amends existing law to provide an option for impacted taxing districts to receive a portion of new revenue generated within a tax increment area. The bill clarifies that a tax increment are…Open in Informed Citizenry