SB918 — Economic development: tax increment financing; tax increment financing act; amend to include dam repairs and maintenance. Amends sec. 703 of 2018 PA 57 (MCL 125.4703).

SB918 — Economic development: tax increment financing; tax increment financing act; amend to include dam repairs and maintenance. Amends sec. 703 of 2018 PA 57 (MCL 125.4703). · Informed CitizenryThis bill amends section 703 of 2018 PA 57, the Tax Increment Financing Act. The amendment adds "dam maintenance and repairs" to the definition of a "water resource improvement." Under this act, a…Open in Informed Citizenry