provide for compensation to counties for administering tax increment financing districts created by a municipality.

HB 1074 requires counties to be compensated for administrative costs incurred when managing tax increment financing (TIF) districts created by municipalities. Specifically, counties may withhold an amount equal to their actual administration costs from the positive tax increments generated by these districts. The bill amends existing law to mandate that county treasurers deduct these costs before depositing remaining tax increments into the district's special fund. This directly affects counties that administer TIF districts and ensures they are reimbursed for associated expenses from the district's own revenue stream.