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MI HB5279

Bill

Status

Introduced

11/28/2017

Primary Sponsor

Jeffrey Yaroch

Click for details

Origin

House of Representatives

99th Legislature

AI Summary

  • Modifies the definition of "qualified local governmental unit" to simplify eligibility from multiple specific criteria to any city, village, or township.

  • Removes previous restrictions based on median family income thresholds, population sizes, census designations, and property valuation increases that previously limited which municipalities could participate.

  • Eliminates references to the 1990 federal decennial census income comparisons and distressed area designations that were used to determine eligible jurisdictions.

  • 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

Committee Referrals

Tax Policy11/28/2017

Full Bill Text

No bill text available