MI SB0784

Excludes ad valorem property taxes levied for fire department purposes from tax increment revenues that can be captured by downtown development authorities, tax increment finance authorities, local development finance authorities, transit operations finance zones, corridor improvement authorities, water resource improvement authorities, and neighborhood improvement authorities.

Defines "fire department" as an organized fire department under section 1 of the fire prevention code, 1941 PA 207, MCL 29.1.

Makes multiple technical amendments to statutory language, including changing "may include" to "includes," "prior to" to "before," "shall" to "must," "at the time" to "when," and "upon" to "on" throughout the referenced sections.

Adds new definitional section 301(i) clarifying references to advisory councils and development plans in the tax increment finance authority act.

Corrects cross-reference from section 815(5) to section 715(5) in water resource improvement authority provisions.