HB5875

Economic development: downtown development authorities; exemption from real estate transfer taxes; modify to reflect repeal of the state real estate transfer tax act. Amends sec. 228a of 2018 PA 57 (MCL 125.4228a). TIE BAR WITH: HB 5880'26, HB 5874'26

Chamber Passed·5/20/26

Michigan HB5875 modifies the exemption from real estate transfer taxes for downtown development authorities to reflect the repeal of the state real.

Michigan HB5875 amends the exemption from real estate transfer taxes for downtown development authorities to reflect the repeal of the state real estate transfer tax act. This change ensures that the authorities remain exempt from transfer taxes as of January 1, 2010. The bill ties its enactment to the passage of HB 5874 and HB 5880, meaning it will only take effect if both are also enacted into law.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Last
Passed the House · 3–0 · May 20
Current
Government Operations Committee
Next
Senate floor vote

Sponsors

0
19
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Democratic CaucusRepublican Caucus

Roll Call Votes

57 Yea

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46 Nay

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Calendar

Apr 30

9:00 AM

House Government Operations

History

Jun 2

Senate

Passed By House With Immediate Effect

Jun 2

Senate

Referred To Committee On Government Operations

May 20

House

Reported With Recommendation Without Amendment