Introduced
by
To allow a Battle Creek tax increment finance authority (TIFA) to continue to "capture" school taxes to pay for certain contracts for professional services entered into before August 19, 1993 for economic development projects at the former Camp Custer. The bill gradually phases down but does not eliminate the annual amount of school taxes the authority may capture. It is a compromise that allows the city to continue to "capture" this tax revenue for a while, and not have to pay back $18 million in previously "captured" revenue.
Referred to the Committee on Commerce
Reported without amendment
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one that eliminates the school tax "capture" by this Battle Creek authority after the year 2015.
The substitute passed by voice vote
Amendment offered
by
To clarify a condition limiting the use of tax increment revenues by the Battle Creek authority to certain purposes.
The amendment passed by voice vote
Passed in the House 104 to 1 (details)
To allow a Battle Creek tax increment finance authority (TIFA) to continue to "capture" school taxes to pay for certain contracts for professional services entered into before August 19, 1993 for economic development projects at the former Camp Custer. The bill gradually phases down the annual amount of school taxes the authority may capture, eliminating the tax capture after 2015.
Referred to the Committee on Finance
Reported without amendment
With the recommendation that the substitute (S-2) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one that revises details but does not change the substance of the bill as previously described.
The substitute passed by voice vote
Passed in the Senate 38 to 0 (details)
To allow a Battle Creek tax increment finance authority (TIFA) to continue to "capture" school taxes to pay for certain contracts for professional services entered into before August 19, 1993 for economic development projects at the former Camp Custer. The bill gradually phases down the annual amount of school taxes the authority may capture, eliminating the tax capture after 2015.
Passed in the House 108 to 1 (details)
To concur with the Senate-passed version of the bill.
