TIFA: HISTORIC DISTRICTS

House Bill 5897

Sponsor:  Rep. Michael C. Murphy

Committee:  Commerce

Complete to 4-17-06

A SUMMARY OF HOUSE BILL 5897 AS INTRODUCED 3-21-06

The bill would amend the Tax Increment Finance Authority Act to make the following changes.

** The act currently refers to public facilities, buildings, and structures with a significant "historical interest," and requires they be preserved in accordance with laws governing "historical sites."  The bill would change the expressions to "historic interest" and "historic sites."

** The act currently refers to historic district commissions created under Public Act 169 of 1970; the bill would cite that act as the Local Historic Districts Act and update the reference. 

** A reference to the Secretary of State would be removed and replaced with a reference to the Department of History, Arts, and Libraries.  (This reflects the transfer of history-related duties to HAL.)

MCL 125.1826

FISCAL IMPACT:

The bill would have no fiscal impact.

                                                                                           Legislative Analyst:   Chris Couch

                                                                                                  Fiscal Analyst:   Jim Stansell

■ This analysis was prepared by nonpartisan House staff for use by House members in their deliberations, and does not constitute an official statement of legislative intent.