2013 House Bill 4463 / Public Act 63

Prohibit TIFA “capture” of Detroit Zoo or Arts tax money

Introduced in the House

March 14, 2013

Introduced by Rep. John Walsh (R-19)

To prohibit the “capture” by a tax increment finance scheme created to subsidize a local “street railway system” of regional property taxes imposed to subsidize the Detroit Zoo and the Detroit Institute for the Arts.

Referred to the Committee on Tax Policy

April 17, 2013

Reported without amendment

Without amendment and with the recommendation that the bill pass.

April 30, 2013

Passed in the House 105 to 4 (details)

Received in the Senate

May 1, 2013

Referred to the Committee on Economic Development

May 16, 2013

Reported without amendment

With the recommendation that the bill pass.

June 11, 2013

Passed in the Senate 37 to 0 (details)

To prohibit the “capture” by a tax increment finance scheme created to subsidize a local “street railway system” of regional property taxes imposed to subsidize the Detroit Zoo and the Detroit Institute for the Arts.

Signed by Gov. Rick Snyder

June 16, 2013