SB723 — Economic development: brownfield redevelopment authority; transformational brownfield plan; modify. Amends secs. 2, 13c, 14a & 16 of 1996 PA 381 (MCL 125.2652 et seq.) & adds secs.16a & 16b.

SB723 — Economic development: brownfield redevelopment authority; transformational brownfield plan; modify. Amends secs. 2, 13c, 14a & 16 of 1996 PA 381 (MCL 125.2652 et seq.) & adds secs.16a & 16b. · Informed CitizenrySB723 amends the brownfield redevelopment financing act to define key terms such as 'blighted' property, 'eligible property,' and 'transformational brownfield plans.' It establishes rules for captu…Open in Informed Citizenry