MI HB6052

Amends the Tax Increment Finance Authority Act to change public notice requirements for establishing tax increment finance authorities and development plans.

Beginning January 1, 2015, requires municipalities to provide "Tier A public notice" as defined in the Local Government Public Notice Act instead of publishing notices twice in newspapers.

Through December 31, 2014, maintains the existing requirement of publishing notice twice in a newspaper of general circulation, not less than 20 nor more than 40 days before public hearings.

Requires certified mail notice to governing bodies of all taxing jurisdictions that would be subject to tax capture if the authority or development plan is established.

Bill effectiveness is contingent upon enactment of either Senate Bill No. ____ or House Bill No. 5560 of the 97th Legislature.