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2011 Regular Session
Overview
At the request of:
Chief Sponsors:
Regular Sponsors: Business, Transportation and Economic Development
Bill Title: Relating to tax increment financing at rural airports.
Catchline/Summary: Directs Oregon Business Development Department to establish program to allow rural airport in State of Oregon, with approval of all cities, counties and other local property taxing jurisdictions within which district exists, and to create airport tax increment financing district in which up to 50 percent of incremental tax revenues generated by commercial and industrial development or expansion can be used to pay for airport-related infrastructure and services for period of up to 25 years.
Chapter Number:
Fiscal Impact: Fiscal Impact Issued
Revenue Impact: Revenue Impact Issued
Measure Analysis: Staff Measure Summary / Impact Statements
Current Location: In Senate Committee
Current Committee: Senate Committee On Finance and Revenue
Current Subcommittee:
Subsequent Referral(s):
Measure History
Scheduled Events