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MI SB0581
Bill
AI Summary
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Expands eligibility for downtown development authorities to include municipalities located on both the mainland and one or more islands, allowing separate geographic areas divided by a body of water to constitute a single downtown district.
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Adds a third qualifying condition for downtown districts with multiple separate geographic areas, alongside the existing provisions for inter-municipal agreements with qualified townships and cities that surround another city.
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Amends section 201 of the Recodified Tax Increment Financing Act (2018 PA 57, MCL 125.4201) governing downtown development authority definitions.
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Makes technical language updates throughout the section, replacing phrases like "shall be" with "must be" and "prior to" with "before" for consistency.
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 Committee On Economic Competitiveness
3/11/2026