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HB 5305

Economic development: commercial redevelopment; commercial redevelopment certificate; extend sunset. Amends sec. 18 of 1978 PA 255 (MCL 207.668).

2025-2026 Regular Session Introduced by Greg VanWoerkom

Michigan bill extends the Commercial Redevelopment Certificate tax incentive program past its scheduled expiration to continue encouraging private commercial property redevelopment investment.

referred to second reading
#economicdevelopment:commercialredevelopment
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Bill Summary · HB 5305

Legislative bill overview

HB 5305 extends the sunset date for Michigan's Commercial Redevelopment Certificate (CRC) program, which provides tax incentives to encourage private investment in commercial property redevelopment projects. The bill allows the program to continue operating beyond its scheduled expiration date rather than terminating as originally planned.

Why is this important

The CRC program is a key economic development tool that municipalities use to attract private capital to blighted or underutilized commercial areas. Without extension, the program's expiration would eliminate this incentive mechanism, potentially slowing commercial redevelopment projects in Michigan communities that rely on these certificates to make projects financially viable.

Potential points of contention

  • Tax revenue impact: Critics may argue that extending tax incentives reduces state and local tax revenue, while supporters contend the economic growth generated creates long-term tax benefits
  • Program effectiveness: Debate over whether the CRC program delivers promised economic returns or primarily subsidizes projects that would occur anyway
  • Sunset extension timing: Questions about whether extending existing programs without substantive review represents responsible fiscal policy or routine continuation of questionable tax expenditures

Compiled from official sources — confirm details with the bill’s official record.

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