SB581 — Economic development: downtown development authorities; definition of downtown district; modify. Amends sec. 201 of 2018 PA 57 (MCL 125.4201). TIE BAR WITH: HB 5455'26

SB581 — Economic development: downtown development authorities; definition of downtown district; modify. Amends sec. 201 of 2018 PA 57 (MCL 125.4201). TIE BAR WITH: HB 5455'26 · Informed CitizenryThis bill amends the Recodified Tax Increment Financing Act (2018 PA 57) to modify definitions related to downtown development authorities. Key changes include updating the definition of 'downtown…Open in Informed Citizenry