A bill to amend 1967 PA 281, entitled “Income tax act of 1967,” (MCL 206.1 to 206.847) by adding sections 279 and 678.
Senate Bills 923-925 establish a Michigan tax credit program to incentivize redevelopment of historic, rural, and blighted properties, with up to $200 million in annual credits, aiming to spur community revitalization and affordable housing while impacting state revenues.
Co-sponsored by Sens.
Referred to the Committee on Economic and Community Development
