HB5867 — Economic development: tax increment financing; HOPE zone exemption; provide for. Amends secs. 201, 301, 402, 523, 602, 702 & 802 of 2018 PA 57 (MCL 125.4201 et seq.). TIE BAR WITH: HB 5852'26

HB5867 — Economic development: tax increment financing; HOPE zone exemption; provide for. Amends secs. 201, 301, 402, 523, 602, 702 & 802 of 2018 PA 57 (MCL 125.4201 et seq.). TIE BAR WITH: HB 5852'26 · Informed CitizenryThe bill amends definitions related to tax increment financing and development zones. Specifically, it requires that tax abated property in a HOPE zone must be excluded from the calculation of "cap…Open in Informed Citizenry