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2021 House Bill 4714: Authorize social welfare-related developer subsidies
Introduced by Rep. Jim Lilly R-Macatawa on April 27, 2021
To exempt “community land trust property” from property taxes levied for local public school operations. The bill defines this as a vehicle for giving tax breaks on real property it defines as “community assets” and is “held on behalf” of the government. The definition includes but is not limited to providing social welfare benefits and amenities including “affordable housing, civic buildings, community gardens, open spaces, parking facilities, sidewalks, and trails”.   Official Text and Analysis.
Referred to the House Local Government and Municipal Finance Committee on April 27, 2021

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