Client Update: Legislative Update - Urban Renewal Legislation

Client Update: Legislative Update - Urban Renewal Legislation

Jan 29, 2010

Article

Brownstein Client Update, January 29, 2010

The 2010 General Assembly is in session, and, as in prior years, urban renewal is on the table. This year may be different from prior years however, in that there is significant momentum to amend the urban renewal statutes to address the impacts, whether real or perceived, on other taxing districts and the state budget. All three of the legislative proposals currently on the table have the potential to negatively impact urban renewal projects currently under consideration, as well as those already underway. 

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