• § 36-44-1 - Short Title
  This chapter shall be known and may be cited as the "Redevelopment Powers Law."
• § 36-44-2 - Legislative Findings and Purpose
  It is found and declared that economically and socially depressed areas exist within counties and municipalities of this state and that these areas contribute...
• § 36-44-3 - Definitions
  As used in this chapter, the term: (1) "Ad valorem property taxes" means all ad valorem property taxes levied by each political subdivision and...
• § 36-44-4 - Local Legislative Bodies Serving As Redevelopment Agency; Common Redevelopment Agency
  (a) As an alternative to the creation of a redevelopment agency provided for by subsections (b) through (f) of this Code section, the local...
• § 36-44-5 - Power of Political Subdivision
  (a) Subject to the limitation of subsection (b) of this Code section, a political subdivision may exercise any powers necessary or convenient to carry...
• § 36-44-6 - Delegation of Powers; Limitations on Delegation
  (a) Subject to the limitations of subsection (b) of this Code section, the local legislative body of a political subdivision, by resolution, may delegate...
• § 36-44-7 - Approval of Redevelopment Plans
  (a) A redevelopment plan may be proposed by the redevelopment agency of a political subdivision, but such plan may not be implemented until it...
• § 36-44-8 - Creation and Implementation of Tax Allocation Districts
  In order to create and carry out the purposes of a tax allocation district, the following steps are required: (1) Preparation by the redevelopment...
• § 36-44-9 - Computing Tax Allocation Increments; Property Tax Included; Use of Tax Funds
  (a) When a tax allocation district is created within the area of operation of a municipality by the local legislative body of such municipality,...
• § 36-44-10 - Determination of Tax Allocation Increment Base of Tax Allocation District; Annual Notice
  (a) No later than the effective date of the creation of the tax allocation district, the redevelopment agency shall apply, in writing, to the...
• § 36-44-11 - Positive Tax Allocation Increments
  (a) Positive tax allocation increments of a tax allocation district shall be allocated to the political subdivision which created the district for each year...
• § 36-44-12 - Termination of Tax Allocation Districts
  The existence of a tax allocation district shall terminate when the local legislative body, by resolution, dissolves the district, but no such resolution may...
• § 36-44-13 - Payment of Redevelopment Costs
  Payment of redevelopment costs may be made by any of the following methods or any combination thereof: (1) Payment by the political subdivision from...
• § 36-44-14 - Issuance of Tax Allocation Bonds; Authorization of Tax Allocation Notes and Other Obligations; Increasing Security and Marketability Amount; Certificate of Validation; Interest; Redevelopment Cost Anticipation Notes
  (a) Only for the purpose of paying redevelopment costs for a tax allocation district created under this chapter, the local legislative body may issue...
• § 36-44-15 - Determining Tax Millage Rate; No Freeze to Ad Valorem Tax Millage
  For the purpose of fixing the tax millage rate to fund the annual budget of each political subdivision or county or independent board of...
• § 36-44-16 - Loans for Financing Redevelopment Costs
  As an additional source for financing redevelopment costs, a political subdivision or its redevelopment agency may borrow funds from financial institutions and, in connection...
• § 36-44-17 - Limitation on Creation of Tax Allocation District
  No political subdivision may create a tax allocation district when the total current taxable value of property subject to ad valorem property taxes within...
• § 36-44-18 - Application of Urban Redevelopment Law
  It is specifically provided that Code Section 36-61-16 of the "Urban Redevelopment Law," which Code section provides for cooperation among public bodies for redevelopment...
• § 36-44-19 - Contracting With Private Individuals or Entities
  A political subdivision may enter into any contract relating to the exercise of its redevelopment powers under this chapter with any private persons, firms,...
• § 36-44-20 - Requirement of Insufficiency
  (a) Notwithstanding any other provisions of this chapter, a local legislative body may use, pledge, or otherwise obligate its general funds for payment or...
• § 36-44-21 - Public Employees and Officials Prohibited From Holding Interest Disclosures; Voidability of Prohibited Transactions; Misconduct in Office
  (a) No elected or appointed official or employee of a political subdivision or a board, commission, or redevelopment agency thereof shall voluntarily acquire any...
• § 36-44-22 - Approval of Local Law; Expansion of Authorities by Localities Prohibited
  Redevelopment powers under this chapter may not be exercised by any political subdivision unless so authorized by a local law relating thereto, which local...
• § 36-44-23 - Cumulative and Supplemental Powers
  The powers provided by this chapter are intended by the General Assembly to be cumulative and supplemental to any powers heretofore provided by law...

Last modified: October 14, 2016