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SB 0139 - Tax Increment Financing Revisions

Tracking Level: Hot
Sponsor: Howard Stephenson
Last Action: 3/9/2017 - Senate/ filed in Senate file for bills not passed
Senate Committee:
Assigned To:
Municipal FinanceNext Bill
OpposedNext Bill
TaxesNext Bill
ULCTNext Bill

Staff Analysis of the Legislation
Granite turned down 2 projects in recent years

Alpine 35% Doterra corporate HQ

Davis SD averaging 61% for an average of 16 years since 2006, last 4 deals are 50%

Bramble may amend either bill to remove 10% housing

Rob Smith in Alpine SD … business manager

SB 150 Dale Okerlund (LY) … first page of pamphlet says cost first, explanation later

Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text