SB199 — Economic development: tax increment financing; definition of other protected obligation; modify and expand. Amends sec. 301 of 2018 PA 57 (MCL 125.4301).

SB199 — 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 (2018 PA 57) by revising definitions related to tax increment financing. Key changes include updating the definition of 'other protected…Open in Informed Citizenry