2026 House Bill 5867

Economic development: tax increment financing; HOPE zone exemption; provide for.

A bill to amend 2018 PA 57, entitled “Recodified tax increment financing act,” by amending sections 201, 301, 402, 523, 602, 702, and 802 (MCL 125.4201, 125.4301, 125.4402, 125.4523, 125.4602, 125.4702, and 125.4802), section 402 as amended by 2023 PA 312.

AI Analysis – Experimental

House Bills 5852 thru 5869 create HOPE zones in Michigan's impoverished areas, offering targeted tax incentives and dedicated funding for neighborhood revitalization and workforce development, with strict eligibility, compliance, and reporting requirements.

Introduced in the House

April 22, 2026

Introduced by Rep. Helena Scott (D-8) and 9 co-sponsors

Co-sponsored by Reps. Veronica Paiz (D-10), Kimberly Edwards (D-12), Stephanie Young (D-16), Amos O’Neal (D-94), Tyrone Carter (D-1), Regina Weiss (D-5), Jennifer Conlin (D-48), Morgan Foreman (D-33) and Matt Longjohn (D-40)

Referred to the Committee on Government Operations