Comments on this legislation    Post new comment    Text and Analysis    Add to Watch List 
  Previous   Next 

• Introduced by Rep. Jim Townsend (D) on April 24, 2012, to explicitly authorize Downtown Development Authorities to borrow and spend on projects benefiting, and subsidies to, developers of “transit-oriented facilities” and “transit-oriented development.” Money to repay DDA loans is “captured” from a portion of tax revenues that local governments levy to pay for their own operations and services.
  • Referred to the House Transportation Committee on April 24, 2012.