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Bill > SB0581
MI SB0581
MI SB0581Economic development: downtown development authorities; definition of downtown district; modify. Amends sec. 201 of 2018 PA 57 (MCL 125.4201). TIE BAR WITH: HB 5455'26
summary
Introduced
09/22/2025
09/22/2025
In Committee
03/11/2026
03/11/2026
Crossed Over
03/11/2026
03/11/2026
Passed
04/14/2026
04/14/2026
Dead
Signed/Enacted/Adopted
04/14/2026
04/14/2026
Introduced Session
103rd Legislature
Bill Summary
AN ACT to amend 2018 PA 57, entitled ?An act to provide for the recodification and establishment of certain tax increment finance authorities; to prescribe the powers and duties of the authorities; to correct and prevent deterioration in residential, commercial, and industrial areas and certain other areas; to authorize the acquisition and disposal of interests in real and personal property; to authorize the creation and implementation of development plans and development areas; to promote residential and economic growth; to create certain boards; to prescribe the powers and duties of certain boards; to authorize the issuance of bonds and other evidences of indebtedness; to levy certain taxes; to authorize the use of tax increment financing; to prescribe powers and duties of certain state officials; to provide for rule promulgation; to provide for enforcement of this act; and to repeal acts and parts of acts,? by amending section 201 (MCL 125.4201).
AI Summary
This bill modifies the definition of a "downtown district" within the Economic Development Act, which governs tax increment finance authorities. These authorities are established to redevelop areas and promote economic growth by capturing future tax increases within a designated "development area" to fund improvements. The bill's primary change is to allow a "downtown district" to encompass multiple, separate geographic areas within a business district under specific conditions, such as when a municipality has an agreement with a qualified township, or if the municipality is a city that surrounds another city and the areas are separated by that other city, or if the areas are separated by a body of water and the municipality is located on both the mainland and islands. The bill also includes a tie-bar provision, meaning it will only become law if House Bill 5455 of the 103rd Legislature is also enacted.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
Assigned Pa 0005'26 With Immediate Effect (on 04/14/2026)
Bill Topics
Community Development and Housing Issues
- ‐ Community and Regional Development
Macroeconomics
- ‐ Taxation, Tax Policy, and Tax Reform
Official Document
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