House bills 5851-5856 are headed to the Senate for consideration. The six bill package which severely hinders a Downtown Development Authority and other TIF authorities ability to capture special millages was voted out of the House yesterday afternoon.
Language in this package defining what a new special millage is considered is vague. As the language is currently written, it will be easy to qualify existing special millages as new to avoid TIF authorities from capturing dollars needed to cover existing debt and other obligations. The League will continue to work to have the language amended and post updates as we have information to report.
Jennifer Rigterink is a legislative associate for the League handling economic development, land use and municipal services issues. She can be reached at [email protected] or 517-908-0305.