Introduced in the House on October 25, 2007, to authorize the creation of “promise zone” tax increment financing authorities (TIFA) in a low income city, township, county, local school district, or intermediate school district, that would be authorized to “capture" one-half of any increases in the six-mill state education property tax revenue in the area and use the money to subsidize college tuition for students from the area, or allow it to be used by the public schools in the zone for certain "educational improvement activities"
The vote was 71 in favor, 34 opposed and 5 not voting
(House Roll Call 655 at House Journal 133)
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