An Overview of Arkansas Tax Increment Financing District Law

by Jeb H. Joyce |

“Tax increment financing districts, otherwise known as ‘redevelopment’ or ‘TIF’ districts, are used in many states as an economic development tool. While fairly new in Arkansas, TIF districts have enjoyed an eventful existence. This article discusses the brief history of TIF districts, the fundamental structure of TIF law, and recent changes to TIF law enacted in the 2005 Arkansas General Assembly.”

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