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Montana bill would require public hearings and greater transparency for TIF districts
Summary
House Bill 19 would require more public input and structured collaboration among taxing jurisdictions when communities extend or create tax increment financing (TIF) districts, supporters told the House Taxation Committee.
House Taxation Committee members heard proponents urge passage of House Bill 19, which supporters said would standardize public hearings and invite affected taxing jurisdictions into decisions about tax increment financing districts.
Supporters framed HB19 as a transparency measure. Danny Hess, city of Bozeman, told the committee that "tax increment finance is a really essential tool for affordable housing and…
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