17C-5-203. Community reinvestment project area subject to taxing entity committee -- Tax increment.
(1) This section applies to a community reinvestment project area that an agency created before May 14, 2019, and that is subject to a taxing entity committee under Subsection. 17C-5-202(2)
(2) Subject to the taxing entity committee's approval of a community reinvestment project area budget under Section, and for the purpose of implementing a community reinvestment project area plan, an agency may receive up to 100% of a taxing entity's tax increment, or any specified dollar amount of tax increment, for any period of time. 17C-5-304
(3) Notwithstanding Subsection, an agency that adopts a community reinvestment project area plan that is subject to a taxing entity committee may negotiate and enter into an interlocal agreement with a taxing entity and receive all or a portion of the taxing entity's sales and use tax revenue for any period of time. (2)