Youth sports and tourism development areas.

Allows the legislative body of a city to adopt an ordinance establishing a youth sports and tourism development area (tax area). Requires that the tax area include a facility or complex of facilities used by youth sports teams and organizations for practice or competitive sporting events. Requires the legislative body to make findings when adopting an ordinance. Requires the legislative body to submit an ordinance establishing a tax area to the budget committee and budget agency for review and approval. Allows a tax area to receive incremental state and local income tax revenue and incremental sales tax revenue attributable to the tax area. Requires a city that establishes a tax area to establish a youth sports and tourism development area fund. Limits the amount of incremental tax revenue that may be allocated to: (1) $1,000,000 per tax area per state fiscal year; and (2) a total of $10,000,000 per tax area. Provides that a tax area terminates not later than 20 years after incremental tax revenues are first allocated to the tax area.