{"data":{"id":"us-mt/7-15-4278","jurisdiction":"us-mt","citation":"7-15-4278","heading":"Legislative findings -- purpose.","body":"The legislature finds and declares that:\n(1) infrastructure-deficient areas exist in the local governments of the state and constitute a serious impediment to the development of infrastructure-intensive, value-adding economic development in Montana;\n(2) local governments lack sufficient capital to rectify the infrastructure shortage in infrastructure-deficient areas, thus impeding their ability to achieve economic growth through the development of value-adding industries;\n(3) the creation of infrastructure in support of value-adding economic development is a matter of state policy and state concern because the state and its local governments will continue to suffer economic dislocation due to the lack of value-adding industries; and\n(4) the state's tax increment financing laws should be used to encourage the creation of areas in which needed infrastructure for value-adding industries could be developed.","path":["TITLE 7. LOCAL GOVERNMENT","CHAPTER 15. HOUSING AND CONSTRUCTION","Part 42. Urban Renewal"],"source_url":"https://mca.legmt.gov/bills/mca/title_0070/chapter_0150/part_0420/section_0780/0070-0150-0420-0780.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:45:31Z","sha256":"bbfa5cb4b14035f9a001bcf0ba1f155745d75cf2f8c2702fef47ca77fce5aedd","source_id":"us-mt","stale":false,"prev":"us-mt/7-15-4277","next":"us-mt/7-15-4279"},"notice":"GroundRules: Original legal text. Not legal advice."}