2005 House Bill 4318

Senate Roll Call 87: Passed

To require a downtown development authority considering a new tax increment financing plan to notify the governing bodies of the other taxing bodies affected by the tax increment "capture" of the public hearing that is required for such a plan. The notification must be sent by certified mail. Also, to allow the Detroit DDA to use $8 million in captured education mills to demolish derelict downtown buildings in 2005. This relates to efforts to improve the appearance of the downtown area before the 2006 Super Bowl.

38 Yeas / 0 Nays
Republican (22 Yeas / 0 Nays)
Democrat (16 Yeas / 0 Nays)