Economic development: other; local community stabilization authority act; amend to update the cross-reference to MCL 211.1053. Amends sec. 5 of 2014 PA 86 (MCL 123.1345). TIE BAR WITH: SB 0659'25

SB 665 is a procedural bill that corrects a reference in Michigan's Local Community Stabilization Authority Act (2014 PA 86). It updates Section 5 to accurately reference MCL 211.1053 of the State Essential Services Assessment Act, ensuring consistent legal citations. The bill does not change any policy, definitions, or requirements - only fixing a cross-reference error in existing law. It directly affects administrative accuracy for the authority and related tax increment financing mechanisms. This is a technical correction with no new financial or operational impact.