Introduced
by
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.
Referred to the Committee on Tax Policy
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Amendment offered
by
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
Passed in the House 104 to 4 (details)
Referred to the Committee on Economic Development
Reported without amendment
With the recommendation that the bill pass.
Passed in the Senate 37 to 0 (details)
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.