Relates to disallowing county industrial development agencies from offering incentives in municipalities which have their own industrial development agency

This bill prohibits county industrial development agencies from offering financial incentives (like tax breaks or funding) in any municipality that already has its own dedicated industrial development agency. It directly affects municipalities with established local agencies by preventing overlapping county-level incentives in those areas. The key provision bans county agencies from providing any form of financial assistance, tax incentives, or similar benefits within such municipalities. The law will take effect two years after enactment, creating a clear separation between county and municipal economic development efforts.