Loading chat...

MI SB0700

Bill

Status

Engrossed

6/4/2024

Primary Sponsor

Kevin Hertel

Click for details

Origin

Senate

102nd Legislature

AI Summary

  • Changes "may include" to "includes" in the definition of advance to make evidence of repayment intent mandatory rather than optional.

  • Modifies the definition of "downtown district" to allow multiple separate geographic areas within a single downtown district if the municipality enters an agreement with a qualified township, is a city surrounding another city, or spans mainland and islands with water between areas.

  • Replaces "shall be" with "are" and "shall" with "must" throughout the statute to modernize legislative language and clarify mandatory requirements.

  • Updates references from "prior to" to "before," "upon" to "on," and "which" to "that" for grammatical consistency across multiple definitions.

  • Corrects MCL citation in subdivision (cc)(vi) from "211.201" to "211.901" to accurately reference the state education tax act.

Legislative Description

Economic development: downtown development authorities; definition of downtown district; modify. Amends sec. 201 of 2018 PA 57 (MCL 125.4201).

Economic development: tax increment financing

Last Action

Referred To Second Reading

12/10/2024

Committee Referrals

Economic Development And Small Business6/4/2024
Local Government2/1/2024

Full Bill Text

No bill text available