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Negotiators say $200 million cap agreed for omnibus housing bill; TIF sunset still unresolved
Summary
Senate negotiators and the governor signaled agreement to a $200 million cap in the S 127 omnibus housing bill, but negotiators said the Tax Increment Financing (TIF) sunset remains a point of disagreement; conferees paused to consult and planned to reconvene within minutes.
Senate negotiators working on S 127, an omnibus housing bill, said they and the governor are aligned on keeping a $200,000,000 cap but have not resolved whether Tax Increment Financing (TIF) will carry a sunset provision.
“Allison, where are we?” a meeting participant asked before participants turned to discuss the remaining points. Allison, a meeting participant, responded, “we are, we are gonna be fully transparent, and, we are we're we're grateful. Thank you very much for all the…
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