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Bill

SB 632

Economic development: other; length of time for an exemption; limit. Amends secs. 3, 4, 5, 6, 8c, 8d, 8e, 8f, 8g, 8h, 9 & 10 of 1996 PA 376 (MCL 125.2683 et seq.) & adds sec. 9a. TIE BAR WITH: SB 0631'25

2025-2026 Regular Session Introduced by Thomas Albert and 4 co-sponsors

SB 632 modifies Michigan's economic development exemption timelines and limits, adjusting how long businesses can maintain tax incentives under state law.

REFERRED TO COMMITTEE ON GOVERNMENT OPERATIONS
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