Economic development: other; brownfield redevelopment financing act; amend to reflect elimination of the Michigan strategic fund. Amends secs. 2, 8a, 14a & 15b of 1996 PA 381 (MCL 125.2652 et seq.). TIE BAR WITH: SB 0631'25

SB 668 amends the Brownfield Redevelopment Financing Act to remove references to the Michigan Strategic Fund, which has been eliminated. This technical update affects how brownfield redevelopment projects are administered by eliminating outdated provisions that previously involved the fund. The bill specifically revises sections 2, 8a, 14a, and 15b of the 1996 law to ensure the statute aligns with current state structures. It does not change the substance of brownfield redevelopment financing but corrects administrative references.