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Supporters say TIF monetization bill will speed projects; municipal league urges caution
Summary
Proponents testified HB2737 would allow municipalities and developers to monetize tax‑increment revenue by using third‑party financing and voluntary taxpayer agreements while proponents said the developer — not the city — would bear repayment risk; the League of Kansas Municipalities urged more study of lien/enforcement and downstream consequences.
House Bill 2737 would allow the transfer or monetization of tax increment financing (TIF) revenue to third‑party financers so developers can access more capital up front, proponents told the committee.
Blaine Finch of Hageman Capital said the measure is intended as an optional financing tool that does not expand TIF districts, raise taxes or create public debt; it is designed to allow private capital to be used as a conduit so projects can be built…
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