Introduced
by
To prohibit the “capture” by a “corridor improvement” authority’s tax increment finance scheme 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.
Passed in the House 105 to 4 (details)
Referred to the Committee on Economic Development
Reported without amendment
With the recommendation that the bill pass.
Amendment offered
by
To clarify the application of the TIFA "capture" ban to local taxes "attributable" to the arts and zoo taxes.
The amendment passed by voice vote
Passed in the Senate 37 to 0 (details)
To prohibit the “capture” by a “corridor improvement” authority’s tax increment finance scheme of regional property taxes imposed to subsidize the Detroit Zoo and the Detroit Institute for the Arts.
Passed in the House 104 to 3 (details)
