SB243 — Economic development: tax increment financing; tax capture districts; exempt public libraries. Amends secs. 203, 303, 404, 618, 715 & 814 of 2018 PA 57 (MCL 125.4203 et seq.).

SB243 — Economic development: tax increment financing; tax capture districts; exempt public libraries. Amends secs. 203, 303, 404, 618, 715 & 814 of 2018 PA 57 (MCL 125.4203 et seq.). · Informed CitizenryThis bill amends the Recodified Tax Increment Financing Act (2018 PA 57) to modify procedures for creating and operating authorities that manage tax increment financing (TIF) for economic developme…Open in Informed Citizenry