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Committee adopts amendment and gives favorable report to SB 370 to allow TIF districts for 21st-century manufacturing zones
Summary
The committee adopted an amendment to SB 370 and then gave the bill a favorable report as amended; the measure expands TIF district authority for designated 21st-century manufacturing zones and the amendment adds shipbuilders and updates page-one language to reference Act 2026-104 of the 2026 regular session.
The committee adopted an amendment to SB 370 and issued a favorable report on the bill as amended, advancing a Senate companion measure that would allow tax increment financing (TIF) districts for designated 21st-century manufacturing zones.
The sponsor described SB 370 as targeting major 21st-century manufacturing zones…
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