The ad valorem tax exemption benefits contained in chapter * 353, RSMo 1959, of "The Urban Redevelopment Corporation Law" and more specifically in sections 353.110 and 353.150 (4), shall not be available to any urban redevelopment corporation on lands and improvements situated within a project area under this law, unless the governing body by a three-fourths vote of such body approves the ad valorem tax exemption benefits.
Mo. Rev. Stat. § 100.570
Ad valorem tax benefits available, when
Known as the Missouri Business Use Incentives for Large-Scale Development Act
The act spans §§ 100–100 (89 sections).
Effective: 28 Aug 1967; (L. 1967 p. 172 § 28)
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.