HB5074 — Economic development: tax increment financing; retroactive application; allow. Amends sec. 402 of 2018 PA 57 (MCL 125.4402).

HB5074 — Economic development: tax increment financing; retroactive application; allow. Amends sec. 402 of 2018 PA 57 (MCL 125.4402). · Informed CitizenryHB5074 amends the Recodified Tax Increment Financing Act (2018 PA 57) by updating definitions within section 402 (MCL 125.4402). The bill provides specific definitions for terms such as 'Advance,'…Open in Informed Citizenry