2003 House Bill 5038

Revise certain downtown development authority obligations

Introduced in the House

Aug. 13, 2003

Introduced by Rep. Shelley Goodman Taub (R-40)

To revise the definition of “other protected obligations” in the law authorizing downtown development authorities (DDAs), so as to forgive repayments to the School Aid Fund that would otherwise be required by Keego Harbor and possibly some other municipalities. This relates to the way in which the 1994 Proposal A school aid and property tax initiative affected school taxes that DDAs previously were allowed to "capture" under tax increment financing plans.

Referred to the Committee on Commerce

Sept. 30, 2003

Reported without amendment

Recommended that the bill be referred to the Committee on Local Government and Urban Policy.

Referred to the Committee on Local Government and Urban Policy

April 27, 2004

Reported without amendment

With the recommendation that the substitute (H-1) be adopted and that the bill then pass.

May 12, 2004

Substitute offered

To replace the previous version of the bill with one containing technical changes that do not affect its substance as previously described.

The substitute passed by voice vote

Passed in the House 88 to 19 (details)

Received in the Senate

May 13, 2004

Referred to the Committee on Finance