2025 Senate Bill 553

Economic development: tax increment financing; water resource improvement authorities; modify.

A bill to amend 2018 PA 57, entitled “Recodified tax increment financing act,” by amending sections 703, 705, and 710 (MCL 125.4703, 125.4705, and 125.4710).

Introduced in the Senate

Sept. 18, 2025

Introduced by Sen. Sam Singh (D-28)

Referred to the Committee on Local Government