Tax increment districts, Major 21st Century Manufacturing Zone allowed to be located within a tax increment district without regard to size of district and further provides for use of ad valorem tax revenues collected within a district

This bill changes laws about economic development zones. It allows a Major 21st Century Manufacturing Zone to be located within a tax increment district, regardless of the district's size. It also permits ad valorem tax money from these districts to pay back public entities for land bought within the manufacturing zone before the district was created.

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