Committee continues CHIP debate: reporting, tier 2 clustered housing and Education Fund share
The Verbonna House Committee on Commerce & Economic Development on April 23 continued work on a CHIP proposal (S.127), focusing on reporting requirements for TIF/CHIP projects, whether to allow clustered housing in tier 2 areas under Act 181, and how increment revenues would flow back to the state Education Fund.
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The Verbonna House Committee on Commerce & Economic Development continued its discussion on Wednesday, April 23, 2025, of the CHIP program in S.127, focusing on reporting requirements for tax increment financing (TIF) projects, whether limited clustered housing should be allowed in tier 2 areas, and the share of incremental revenue returned to the Education Fund.
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