Marshall; special tax increment financing rules authorized.

HF 3140 extends the deadline for the city of Marshall to use tax increment financing (TIF) funds collected from three specific TIF districts (1-1, 1-7, and 2-1) within the city. The bill allows Marshall to spend, loan, or invest these funds through December 31, 2027, instead of the standard timeline. Any unused funds, including interest or investment earnings, must be returned to the TIF districts by that date. This bill directly affects Marshall's ability to manage its TIF resources for local development projects.