2014 Senate Bill 740

Revise local “corridor improvement authority" board detail

Introduced in the Senate

Jan. 21, 2014

Introduced by Sen. Virgil Smith (D-4)

To allow “corridor improvement” tax increment finance authority board members to be an elected or appointed government official, with their board membership ending at the same time their term or official position ends.

Referred to the Committee on Economic Development

March 6, 2014

Reported without amendment

With the recommendation that the substitute (S-1) be adopted and that the bill then pass.

June 4, 2014

Substitute offered

The substitute passed by voice vote

Passed in the Senate 37 to 0 (details)

Received in the House

June 4, 2014

Referred to the Committee on Commerce