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MI HB4646

Bill

Status

Introduced

4/15/2021

Primary Sponsor

Kyra Bolden

Click for details

Origin

House of Representatives

101st Legislature

AI Summary

  • Expands the definition of "local governmental unit" eligible to designate neighborhood enterprise zones to include any city, village, or township, removing previous restrictions based on qualification status or county seat designation.

  • Adds new requirement effective October 1, 2021 that neighborhood enterprise zones must encourage compact development, be adjacent to existing development, and utilize existing infrastructure.

  • Clarifies that condominium units within qualified historic buildings may be held under common ownership and allows multiple rehabilitated facilities within a single qualified historic building.

  • Allows neighborhood enterprise zones in qualified downtown revitalization districts to contain fewer than 10 platted parcels if the parcels together contain 10 or more facilities.

Legislative Description

Economic development: neighborhood enterprise zones; use of neighborhood enterprise zones; expand incentives. Amends secs. 2 & 3 of 1992 PA 147 (MCL 207.772 & 207.773).

Economic development: neighborhood enterprise zones

Last Action

Referred To Second Reading

6/15/2022

Committee Referrals

Local Government And Municipal Finance4/15/2021

Full Bill Text

No bill text available