Introduced by Rep. Eileen Kowall (R) on March 14, 2013 To prohibit the “capture” by a Tax Increment Finance Authority of regional property taxes imposed to subsidize the Detroit Zoo and the Detroit Institute for the Arts. Official Text and Analysis.
Referred to the House Tax Policy Committee on March 14, 2013
Reported in the House on April 17, 2013 Without amendment and with the recommendation that the bill pass.
Amendment offered by Rep. Douglas Geiss (D) on April 25, 2013 To tie-bar the bill to House Bill 4537, meaning this bill cannot become law unless that one does also. HB 4537 would prohibit the “capture” by a tax increment finance scheme of property taxes levied to fund public safety retirement benefits, or a court-ordered judgment levy.
The amendment failed by voice vote in the House on April 25, 2013