Current with legislation from 2024 Fiscal and Special Sessions.
Section 14-176-103 - Authorization for obtaining and appropriating money(a) A municipality or county may obtain or appropriate money for a corporation, association, institution, political subdivision of the state, the United States Government, or an individual to: (1) Finance economic development projects; or(2) Provide economic development services.(b) Funds appropriated by a municipality or county under the authority of this section shall be deemed to further the public purpose of economic development.Added by Act 2017, No. 685,§ 1, eff. 8/1/2017.