The public will get the chance to have their say on the proposed devolution deal during an eight-week formal public consultation, which will begin on Tuesday 2 January.
Hull and East Riding of Yorkshire councils have agreed a proposed Level 3 devolution deal with the Government, which includes an elected mayor.
Should the public back the deal, a mayoral combined authority will be formed, with a mayoral election expected to taking place in spring/summer 2025.