Economic development: renaissance zones; certain property located in a renaissance zone; extend sunset. Amends sec. 8d of 1996 PA 376 (MCL 125.2688d).
Michigan business tax: credits; time frame for completion of certain multiphase projects; modify. Amends sec. 437 of 2007 PA 36 (MCL 208.1437) & repeals sec. 601 of 2007 PA 36 (MCL 208.1601).
Economic development: brownfield redevelopment authority; definitions of housing property and tax capture revenues and cap on total tax capture revenues; clarify definitions and modify cap. Amends secs. 2, 14a & 16 of 1996 of 381 (MCL 125.2652 et seq.).
Economic development: renaissance zones; designation of renaissance zone; modify. Amends secs. 3, 4, 6, 8a & 12 of 1996 PA 376 (MCL 125.2683 et seq.).
Economic development: brownfield redevelopment authority; certain housing activities; allow, and modify tax capture revenues. Amends title & secs. 2, 8, 8a, 11, 13, 13b, 13c, 14, 14a, 15 & 16 of 1996 PA 381 (MCL 125.2652 et seq.).
Economic development: brownfield redevelopment authority; tax capture revenues; modify. Amends secs. 2, 8a, 11, 13, 13b, 13c, 14a, 15 & 16 of 1996 PA 381 (MCL 125.2652 et seq.).
Economic development: other; definition of qualified city; modify. Amends sec. 3 of 2003 PA 258 (MCL 124.753).