Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
HB 5451 modifies the Tax Increment Financing Act to include residence homesteads of legacy homeowners in reinvestment zones. It increases the allowable percentage of residential property in such zones from 30% to 40% and creates a reinvestment zone stability program to prevent homeowner displacement by providing payments to eligible residents.
Author
Rafael Anchia
Contact the Author
Rep. Rafael Anchia
Capitol Phone:
(512) 463-0746
Capitol Office:
CAP 1W.5
E-Mail:
