2023 Senate Bill 243

Economic development: tax increment financing; tax capture districts; exempt public libraries.

A bill to amend 2018 PA 57, entitled “Recodified tax increment financing act,” by amending sections 203, 303, 404, 618, 715, and 814 (MCL 125.4203, 125.4303, 125.4404, 125.4618, 125.4715, and 125.4814).

Introduced in the Senate

March 23, 2023

Introduced by Sen. Sylvia Santana (D-2) and two co-sponsors

Co-sponsored by Sens. Stephanie Chang (D-3) and Erika Geiss (D-1)

Referred to the Committee on Finance, Insurance, and Consumer Protection