Bill
HB 5031
Economic development: local development financing authority; smart zone state capture use; modify. Amends secs. 402, 412a & 412b of 2018 PA 57 (MCL 125.4402 et seq.).
2025-2026 Regular Session
Introduced by Joe Aragona and 20 co-sponsors
HB 5031 modifies Michigan's local development financing authority rules for smart zones, adjusting revenue capture and financing mechanisms in designated economic development areas.
referred to second reading