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1997 SESSION

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HB 2180 Industrial development authorities.

Introduced by: L. Karen Darner | all patrons    ...    notes | add to my profiles

SUMMARY:

Industrial development authorities. Allows industrial development authorities created by localities without housing authorities to issue tax-exempt bonds to finance housing projects owned and operated by for-profit enterprises. Currently, only taxable bonds may be issued to finance single or multi-family residences operated by commercial enterprises. This bill is identical to SB 954.


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