Introduced by Sen. Gilda Jacobs D- on January 25, 2005
To authorize the creation of local corridor improvement authorities that could levy special assessments (property taxes), borrow, or use tax increment financing to pay for economic development and improvement projects in a commercial district along a road classified as an arterial or collector road. Official Text and Analysis.
Referred to the Senate Economic Development, Small Business and Regulatory Reform Committee on January 25, 2005
Reported in the Senate on June 28, 2005
With the recommendation that the substitute (S-4) be adopted and that the bill then pass.
Substitute offered in the Senate on June 29, 2005
To replace the previous version of the bill with one that revises details of the application process.
The substitute passed by voice vote in the Senate on June 29, 2005