HB 117 w/ HA 1

Synopsis

This Act amends the definition of “municipality” in the Municipal Tax Increment Financing Act to allow the City of Dover to take advantage of the economic development opportunities afforded by the Municipal Tax Increment Financing Act, and enables such municipality to pledge the tax levied on the tax increment to the payment of bonds issued by other issuers in the State for the purposes of the Municipal Tax Increment Financing Act.

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