2007 Senate Bill 970 ↩

House Roll Call 634: Passed

To allow Downtown Development Authorities to establish and fund retail business “incubators,” which would essentially be buildings owned and operated by a DDA and rented at below-market rates to particular private retailers selected by the DDA board. These government-owned operations and subsidies would paid for with the tax revenue “captured” from other local taxing authorities that is the source of DDA funding.