MI SB0892

Amends the definition of "facility" in the Brownfield Redevelopment Financing Act to include all contiguous property under common ownership that is or contains a facility, rather than just the facility itself.

Expands eligible property and activities that can be included in brownfield redevelopment plans by clarifying that contiguous parcels under common ownership constitute a single facility for purposes of the Act.

Maintains existing definitions and requirements for baseline environmental assessment activities, due care activities, and additional response activities that may be funded through brownfield redevelopment authorities.

Applies to properties used or currently used for commercial, industrial, public, or residential purposes that meet criteria for being classified as facilities, historic resources, functionally obsolete, or blighted.