MI HB6057

Amends the Historical Neighborhood Tax Increment Finance Authority Act to modify public notice requirements for establishing tax increment financing authorities within historic districts.

Through December 31, 2014, requires notice published twice in newspapers; beginning January 1, 2015, requires tier A public notice under the Local Government Public Notice Act, with both methods requiring 20-40 days advance notice before public hearings.

Requires governing bodies to mail hearing notices at least 20 days in advance to property taxpayers and taxing jurisdictions whose tax revenue would be subject to capture under the tax increment financing plan.

Modifies publication requirements for ordinances establishing authorities, replacing newspaper publication with tier B public notice under the Local Government Public Notice Act effective January 1, 2015.

Makes the bill's effectiveness contingent upon enactment of House Bill 5560 of the 97th Legislature.