TITLE

District of Columbia Council Tables Bill Raising Cap on TIFs

AUTHOR(S)
Ackerman, Andrew
PUB. DATE
June 2006
SOURCE
Bond Buyer;6/21/2006, Vol. 356 Issue 32407, p40
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the District of Columbia Council's proposed bill that would have raised the city's tax increment financing cap to 500 million dollars from 300 million dollars. It marked the second time that the council has delayed action on a bill known as the "Budget Support Act." It authorizes legislation that accompanies the district's appropriations legislation for fiscal 2007.
ACCESSION #
21370101

 

Related Articles

  • N.Y. TIF Legislation Pared Down, But Supporters Still on Board. Phillips, Ted // Bond Buyer;6/20/2008, Vol. 364 Issue 32904, p3 

    The article reports on the removal of several provisions in a bill that allows potential expansion for tax increment financing (TIF) in New York. Among the removed provisions include the expansion of projects allowed under TIF regulations, the 10% sales tax in a TIF financing district to be used...

  • D.C. Council Approves Bill Raising TIF Cap to $500M. Ackerman, Andrew // Bond Buyer;7/13/2006, Vol. 357 Issue 32422, p32 

    The article reports that the Washington D.C. Council has approved legislation that raises the city's tax increment financing (TIF) cap from $300 to $500 million. The council unanimously approved the Budget Support Act which contained the TIF increase. The vote came towards the end of a 13-hour...

  • Texas bill extending TIF district spending awaits governor's approval. Preston, Darrell // Bond Buyer;06/21/99, Vol. 328 Issue 30666, p32 

    Reports that a state legislative bill pending governor's approval in Texas may bring changes to the state's special districts by broadening spending authority for tax increment financing (TIF) districts. Details of the bill; Purpose of the formation of TIF districts; Opinion of officials in...

  • Bill would create TIFs without borders. Hinz, Greg // Crain's Chicago Business;12/14/98, Vol. 21 Issue 50, p4 

    Reports on a bill allowing the city of Chicago, Illinois to pool money generated by city's tax-increment financing (TIF) districts. TIF under state law; Community groups' concern over giving city hall unprecedented freedom to decide where money in economic redevelopment will be spent;...

  • D.C. Council Approves 90-Day Reauthorization of TIF Program. Vadum, Matthew // Bond Buyer;12/18/2002, Vol. 342 Issue 31535, p4 

    Reports that the District of Columbia Council has approved the reauthorization of its four-year-old tax-increment financing program (TIF) for 90 days on a voice vote on December 17, 2002. Reasons for designating the reauthorization bill as emergency legislation; Concern showed by chairman of...

  • Bill would aid casino construction. Kitchenman, Andrew // njbiz;2/8/2010, Vol. 23 Issue 6, p2 

    The article reports on the impact of the passage of a bill that bars local referendums on projects funded through tax-increment financing in New Jersey on the Revel Entertainment casino project.

  • Michigan Bill May Boost Brownfield Redevelopment; Restructure Financing.  // Hazardous Waste/Superfund Alert;9/10/2012, Vol. 34 Issue 15, p1 

    The article reports on the advantages of the new tax bill introduced in Michigan. It states that the Senate Bill 1210, which was sponsored by Mike Kowall, includes broader availability of tax increment financing (TIF) that will fund costly brownfield infrastructure improvements and the...

  • TIF for Hospitality District. Watts, Jim // Bond Buyer;5/3/2012, Vol. 380 Issue 33708, p7 

    The article reports that a legislative effort to establish a hospitality district was opposed by trustees of the French Quarter Management District.

  • Delaware Mulls TIFs, Special Development Districts for Localities. Newman, Emily // Bond Buyer;6/18/2003, Vol. 344 Issue 31659, p32 

    The Delaware General Assembly is considering a substitute bill that would allow local governments for the first time to finance infrastructure and development-related costs through the use of tax increment financing (TIF) and the establishment of special development districts (SDD). The funding...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics