Economic development: commercial redevelopment; establishment of a commercial rehabilitation district; modify. Amends secs. 2 & 3 of 2005 PA 210 (MCL 207.842 & 207.843).

This bill amends Michigan's Commercial Rehabilitation Act to update definitions and procedures for establishing commercial rehabilitation districts. It clarifies that these districts can cover areas as small as three acres if located in downtowns, business areas, or near specific food establishments, while also refining what counts as eligible commercial property and qualified facilities. The legislation primarily affects cities, villages, and townships by providing clearer guidelines on how they can designate zones for property rehabilitation and tax exemptions. Additionally, it expands the scope of eligible projects to include new construction on vacant land in certain urban areas and specific hotel developments, provided they offer economic benefits to the local community.