Bill > SB0581

This bill amends the Recodified Tax Increment Financing Act to modify the definition of a "downtown district" in the context of downtown development authorities. Specifically, the bill expands the ways a municipality can define a downtown district to include multiple separate and distinct geographic areas under certain conditions, such as when a municipality enters into an agreement with a qualified township, when a city surrounds another city between two distinct areas, or when a municipality is located on both the mainland and one or more islands with a body of water separating the areas. The bill clarifies that if a downtown district contains multiple separate geographic areas, these areas will be considered one downtown district. The changes provide more flexibility for municipalities in designating and structuring downtown development areas, potentially allowing for more comprehensive urban redevelopment strategies that can encompass non-contiguous but related areas within a business district. The modifications aim to support economic development by giving local authorities more latitude in defining and developing downtown districts.

Government Affairs

https://legislature.mi.gov/Bills/Bill?ObjectName=2025-SB-0581