A bill to amend 1996 PA 381, entitled “Brownfield redevelopment financing act,” by amending sections 2, 14a, and 16 (MCL 125.2652, 125.2664a, and 125.2666), as amended by 2023 PA 90.
The legislation enhances the Brownfield Redevelopment Financing Act by expanding eligible activities, introducing transformational brownfield plans, and setting detailed tax capture revenue calculations and approval processes to promote economic growth and community revitalization.
Introduced
by
Referred to the Committee on Economic Development and Small Business
