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Senator Steve Fischmann Introduces Bill to Reform Tax Increment Development Districts

By Evan Woodward

http://stream.publicbroadcasting.net/production/mp3/krwg/local-krwg-820989.mp3

Las Cruces, NM – District 37 State Senator Steve Fischmann recently introduced a bill seeking to reform state policy on Tax Increment Development Districts, or TIDDs. As KRWG's Evan Woodward reports, Senate Bill 576 aims to create incentives for developers to bring in new businesses and economic activity to New Mexico.