Gann Bill Would Require Vote of the People to Redirect Property Taxes to TIF Districts
OKLAHOMA CITY (Jan. 31st) – Rep. Tom Gann, R-Inola, has filed House Bill 1379, which would require a vote by citizens to redirect property tax through Tax Incremental Financing (TIF) Districts.
Gann explained that in Mayes County, Mid-America Industrial Park (MAIP) officers proposed redirecting county property tax through the implementation of a TIF district to benefit new corporations coming into the industrial park.
