Tax Increment Financing Faces New Scrutiny In Missouri

Law360 (April 13, 2018, 7:56 PM EDT) -- At a time of increased public interest in how state and local governments use tax dollars to attract development, Missouri lawmakers may bring greater public scrutiny and transparency to a popular funding process known as tax increment financing, or TIF.

In March, state Rep. Dan Stacy, R-Blue Springs, introduced H.B. 1236 to increase public awareness and input on how the lucrative tax breaks are awarded. Under a TIF agreement, a city or state grants a developer a slice of the incremental increase in the tax revenues...
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