Introduced by Sen. Virgil Smith D-Detroit on January 21, 2014
To allow “local development financing” tax increment finance authority board members to be an elected or appointed government official, with their board membership ending at the same time their term or official position ends. Official Text and Analysis.
Referred to the Senate Economic Development Committee on January 21, 2014
Reported in the Senate on March 6, 2014
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Substitute offered in the Senate on June 4, 2014
The substitute passed by voice vote in the Senate on June 4, 2014