2021 House Bill 4646

Expand certain developer subsidies, with preference to “compact" developments

Introduced in the House

April 15, 2021

Introduced by Rep. Kyra Bolden (D-35)

To permit any city, village or township to authorize selective "neighborhood enterprise zone (NEZ)" tax breaks for certain developers, rather than just county seats and certain "distressed communities." Subsidized projects would have to be ones determined to encourage “compact development and adjacent to existing development and can utilize existing infrastructure”.

Referred to the Committee on Local Government and Municipal Finance

June 15, 2022

Reported without amendment

With the recommendation that the substitute (H-1) be adopted and that the bill then pass.