HB 4159 Summary

• Amends Michigan's brownfield redevelopment law to expand eligible activities that can be funded with tax increment revenues, including demolition, infrastructure improvements, and site preparation activities.

• Establishes "transformational brownfield plans" for mixed-use developments expected to achieve specified capital investment thresholds ($15 million to $500 million depending on municipality population), with eligibility to capture construction period tax revenues, withholding tax revenues, and income tax revenues.

• Increases administrative cost allowances for brownfield authorities based on number of active projects, ranging from $100,000 for authorities with 5 or fewer projects up to $1,000,000 for those with 99 or more active projects.

• Requires 50% of captured state education tax revenues to be paid into the state brownfield redevelopment fund for eligible properties added to plans after January 1, 2013, with payment obligations lasting up to 25 years.

• Modifies work plan approval processes for the Department of Environment, Great Lakes, and Energy and Michigan Strategic Fund, with automatic approval if no response provided within 60 days (90 days for transformational plans).