HB6216 — Economic development: brownfield redevelopment authority; definitions of housing property and tax capture revenues and cap on total tax capture revenues; clarify definitions and modify cap. Amends secs. 2, 14a & 16 of 1996 of 381 (MCL 125.2652 et seq.).

HB6216 — Economic development: brownfield redevelopment authority; definitions of housing property and tax capture revenues and cap on total tax capture revenues; clarify definitions and modify cap. Amends secs. 2, 14a & 16 of 1996 of 381 (MCL 125.2652 et seq.). · Informed CitizenryHB6216 amends the Brownfield Redevelopment Financing Act to update definitions and procedures for brownfield redevelopment, specifically regarding 'transformational brownfield plans.' The bill upda…Open in Informed Citizenry