Link here to original- IDA scuttles plan to change tax break policy
By BRIAN AMARAL
TIMES STAFF WRITER
THURSDAY, JANUARY 12, 2012
Elected officials on local government boards will still be able to decide whether to give tax breaks to housing developers.
The Jefferson County Industrial Development Agency was on the way to giving itself the power to require towns, counties and school boards to give certain tax breaks to businesses, even if the elected body did not agree to the payment-in-lieu-of-taxes arrangements. That plan has been dropped after an outcry from municipalities in the county.
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