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MI SB0223
Bill
AI Summary
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Expands the definition of "qualified facility" to include vacant property in cities with populations over 500,000 where previous structures have been demolished and commercial property will be newly constructed, if applications were filed before July 1, 2010.
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Adds hotels or motels with attached meeting/convention space to qualified facilities if located in counties with populations between 1,100,000 and 1,600,000 and attached to convention centers over 250,000 square feet.
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Permits rehabilitation of qualified retail food establishments to include new construction, in addition to renovation and modification.
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Exempts certain 2011 rehabilitation projects from standard timing and application requirements if construction commenced in August 2010 and applications were filed in June 2010.
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Clarifies that qualified facilities cannot include professional sports stadiums or casinos (including casino-owned parking lots, hotels, motels, or retail stores regulated under Michigan gaming control laws).
Legislative Description
Economic development; commercial redevelopment; definition of qualified facility; modify. Amends secs. 2 & 8 of 2005 PA 210 (MCL 207.842 & 207.848).
Economic development, commercial redevelopment
Last Action
Assigned Pa 0082'11 With Immediate Effect
8/24/2011