2012 House Bill 5463 ↩

House Roll Call 807: Passed

To authorize using the Detroit "Downtown Development Authority" as the vehicle to deliver taxpayer subsidies for a new sports stadium complex owned by Detroit Red Wings owner Mike Ilitch. The DDA would pledge property tax revenues it "captures" from schools and other local governments to repay debt in incurs to provide the subsidies. The bill would also exempt DDAs from property and other taxes, and revise details of public officials' appointments to DDA boards.