TITLE

Louisiana Lawmakers Consider Altering TIF District Laws

AUTHOR(S)
DeSue, Tedra
PUB. DATE
May 2006
SOURCE
Bond Buyer;5/18/2006, Vol. 356 Issue 32384, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the plans of the Louisiana legislators to revise current laws regulating tax increment finance (TIF) districts, a mechanism for financing local economic development project in underdeveloped and blighted areas. The initiative is designed to comply with various state Supreme Court rulings about the issue. The establishment of TIF districts would allow the municipal governments to immobilize property values within the boundaries.
ACCESSION #
20944843

 

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