OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Issue Position: Tax Increment Financing (TIF)

Issue Position

Date: Jan. 1, 2012

Poorly designed TIF laws have caused problems. The original purpose of TIF was to help develop marginal or blighted areas. However TIF has become a vehicle to fund projects such as shopping malls in affluent areas. The biggest winners in this scenario are the construction contractors.


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