HB5817 — Economic development: tax increment financing; tax increment financing act; amend to exempt museum authorities. Amends secs. 201, 301, 402, 523, 603, 703 & 803 of 2018 PA 57 (MCL 125.4201 et seq.).

HB5817 — Economic development: tax increment financing; tax increment financing act; amend to exempt museum authorities. Amends secs. 201, 301, 402, 523, 603, 703 & 803 of 2018 PA 57 (MCL 125.4201 et seq.). · Informed CitizenryHB5817 amends the Recodified Tax Increment Financing Act (2018 PA 57) to update definitions for terms such as 'Advance,' 'Assessed Value,' 'Authority,' and 'Tax Increment Revenues.' The bill specif…Open in Informed Citizenry