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MI HB5279
Bill
Status
11/28/2017
Primary Sponsor
Jeffrey Yaroch
Click for details
AI Summary
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Modifies the definition of "qualified local governmental unit" to simplify eligibility from multiple specific criteria to any city, village, or township.
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Removes previous restrictions based on median family income thresholds, population sizes, census designations, and property valuation increases that previously limited which municipalities could participate.
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Eliminates references to the 1990 federal decennial census income comparisons and distressed area designations that were used to determine eligible jurisdictions.
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Broadens access to the obsolete property rehabilitation exemption certificate program by allowing any local governmental unit to establish rehabilitation districts for commercial and residential properties.
Legislative Description
Economic development; obsolete property and rehabilitation; eligibility criteria; modify. Amends sec. 2 of 2000 PA 146 (MCL 125.2782).
Economic development: obsolete property and rehabilitation
Last Action
Bill Electronically Reproduced 11/28/2017
11/29/2017