Bill
SB 129
Economic development: brownfield redevelopment authority; certain housing activities; allow, and modify tax capture revenues. Amends title & secs. 2, 8, 8a, 11, 13, 13b, 13c, 14, 14a, 15 & 16 of 1996 PA 381 (MCL 125.2652 et seq.).
2023-2024 Regular Session
Introduced by Winnie Brinks and 7 co-sponsors
Michigan expands brownfield redevelopment tax incentives to residential housing projects and reallocates captured tax revenues to fund environmental remediation and housing development on contaminated sites.
ASSIGNED PA 0090'23 WITH IMMEDIATE EFFECT