AN ACT RELATING TO PUBLIC UTILITIES AND CARRIERS -- BROADBAND DEPLOYMENT AND INVESTMENT ACT
HB 5817 excludes taxes levied under the History Museum Authorities Act from tax increment revenues, protecting museum millage from TIF/brownfield capture.
HB 5817 excludes taxes levied under the History Museum Authorities Act from tax increment revenues, protecting museum millage from TIF/brownfield capture.
Status: Ordered enrolled 12/23/2024; passed Senate 12/20/2024 (Roll Call 20–18); passed House 6/27/2024 (Roll Call 267). Referred to Joint Committee on Appropriations 1/22/2025.
Bill amends: 2018 PA 57 (Recodified Tax Increment Financing Act), sections 201, 301, 402, 523, 603, 703 & 803 (MCL 125.4201 et seq.).
HB 5817 narrows the definition of “tax increment revenues” in Michigan’s Recodified Tax Increment Financing (TIF) Act so that taxes levied under a new History Museum Authorities Act (created by companion legislation HB 4177) are not eligible to be captured (i.e., diverted) by downtown development, tax increment, or brownfield redevelopment authorities. The purpose is to preserve local millage revenue raised for history museum authorities for those museums and prevent that revenue from being retained by other capture mechanisms.
HB 5817 protects millage revenue that would be raised under a proposed county-level History Museum Authorities Act from being diverted by tax increment or brownfield capture mechanisms, thereby directing those funds to the museum-related purpose rather than to TIF/brownfield projects.
Compiled from official sources — confirm details with the bill’s official record.
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