Amends Michigan's tax increment financing act to include dam repairs and maintenance.
This bill amends the Michigan tax increment financing act to include dam repairs and maintenance as eligible projects. It modifies the definition of "water resource improvement" to include dam maintenance and repairs. This change aims to support infrastructure projects that enhance navigability and water quality.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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