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Bill to clarify 'blighted area' definition for urban renewal wins broad support in committee

House Taxation Committee · February 5, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Senate Bill 1 aims to modernize and tighten Montana's statutory definition of "blighted area" to guide use of tax increment financing (TIF) for redevelopment. City officials, municipal associations and business groups said clearer criteria will help local decision-makers and support infrastructure investment.

Senator Greg Hertz introduced Senate Bill 1 to the House Taxation Committee, saying the proposal updates and consolidates duplicated statutory language to clarify what constitutes a "blighted area" for municipalities using tax increment financing or urban renewal powers.

"For those of you, why is blight so important?" Hertz asked, then explained the bill's intent to ensure TIF districts are used to improve areas that are injurious to public health, safety and welfare. He said the bill grew from work by the…

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