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Senate advances tax-increment measure to help RDAs finance infrastructure projects
Utah Senate · February 25, 1998
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Summary
Senate Bill 212 would let redevelopment agencies use tax-increment financing to fund targeted infrastructure, the sponsor cited an underpass project as an example; the Senate placed the bill on the third-reading calendar after roll call.
Senate Bill 212, presented Feb. 25, would permit redevelopment agencies to use tax-increment financing to fund infrastructure work tied to existing redevelopment projects.
Sponsor Senator Mansell said the bill is intended to help local governments raise matching funds for infrastructure projects and…
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