2005 House Bill 4318 ↩
Senate Roll Call 87:
Passed
To require a downtown development authority considering a new tax increment financing plan to notify the governing bodies of the other taxing bodies affected by the tax increment "capture" of the public hearing that is required for such a plan. The notification must be sent by certified mail. Also, to allow the Detroit DDA to use $8 million in captured education mills to demolish derelict downtown buildings in 2005. This relates to efforts to improve the appearance of the downtown area before the 2006 Super Bowl.