SB1043 — Economic development: tax increment financing; definition of other protected obligation; modify and expand. Amends sec. 301 of 2018 PA 57 (MCL 125.4301).

SB1043 — Economic development: tax increment financing; definition of other protected obligation; modify and expand. Amends sec. 301 of 2018 PA 57 (MCL 125.4301). · Informed CitizenryThis bill amends the Recodified Tax Increment Financing Act by updating definitions related to tax increment financing. Key changes include expanding the definition of 'other protected obligation'…Open in Informed Citizenry