2013 Senate Bill 242

Expand “business improvement district” tax hikes

Introduced in the Senate

March 5, 2013

Introduced by Sen. Dave Hildenbrand (R-29)

To expand to townships the power to impose “business improvement district” property tax hikes on nonresidential property within a designated area, with the extra revenue used for spending that benefits businesses in the area. In particular, the bill would affect Cascade Township in Kent County.

Referred to the Committee on Economic Development