Michigan SB0676 recodifies the Tax Increment Financing Act to reflect the elimination of the Michigan Strategic Fund.
Michigan SB0676 amends the Tax Increment Financing Act to reflect the elimination of the Michigan Strategic Fund. It updates references to the Michigan Strategic Fund and its president to the Bureau of Fair Competition and Free Enterprise and its director. The bill also modifies provisions related to the capture of tax increment revenues and the use of tax increment financing plans.
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