MI SB1154

Amends section 4dd of the Use Tax Act (MCL 205.94dd) to update a reference from section 2(o)(iv) to section 2(o)(v) of the Brownfield Redevelopment Financing Act, 1996 PA 381.

Maintains the tax exemption for tangible personal property used in altering, repairing, or improving real estate, or manufacturing products, when affixed to improvements within a transformational brownfield plan.

The exemption applies only to improvements that qualify as eligible activities under the updated section 2(o)(v) of the Brownfield Redevelopment Financing Act.

Contains a tie-bar provision making this act contingent on the enactment of Senate Bill No. 1152 of the 101st Legislature.