A bill to amend 1984 PA 270, entitled “Michigan strategic fund act,” by amending sections 7 and 9 (MCL 125.2007 and 125.2009), section 7 as amended by 2020 PA 358 and section 9 as amended by 2024 PA 117.
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
