Budget & Taxes (Economic Development)

in committee · Michigan · House Aug 11, 2026

HB 6228: Economic development: tax increment financing; tax increment financing act; amend to exempt museum authorities. Amends secs. 201, 301, 402, 523, 603, 703 & 803 of 2018 PA 57 (MCL 125.4201 et seq.). TIE BAR WITH: HB 6226'26, HB 6227'26

HB 6228 amends the Michigan Tax Increment Financing Act to exclude property taxes levied for history museum authorities from the pool of tax increment revenues that local development authorities can capture. This change directly affects downtown development, local development finance, and other TIF authorities by preventing them from using captured property value growth to fund projects in areas where a history museum authority has already established its own tax base. The bill applies this exclusion across multiple sections of the act governing different types of development zones, ensuring that these specific museum-related taxes are not diverted to other municipal economic development efforts.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill restricts local government fiscal tools by excluding museum authority taxes from TIF revenue pools, limiting funding options for development projects.75% confidence

Sub-Topics Tax Incentives Tags Economic Development

Track

in committee · Michigan · House Jun 11, 2026

HB 6069: State management: funds; businesses that relocate a call center; deny certain state economic development incentives to. Amends 1984 PA 270 (MCL 125.2001 - 125.2094) by adding sec. 15. TIE BAR WITH: HB 6070'26

This bill amends the Michigan Strategic Fund Act to allow the state to require businesses receiving economic assistance to return funds if they move a call center to another country. Starting in April 2027, the fund's agreements will include a clause that triggers a financial penalty if a recipient is listed on a registry of companies that have offshored call centers. The measure directly affects companies accepting state loans, grants, or other project funding, ensuring they do not relocate customer service operations abroad while receiving public support. The bill will only become effective if a related companion bill is also passed into law.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill strengthens state fiscal management by protecting public funds from businesses that offshore call centers, ensuring economic incentives are not wasted.85% confidence

Tags Economic Development

Track

in committee · Michigan · Senate May 21, 2026

SB 1010: Economic development: Michigan strategic fund; office of small business growth; establish. Amends 1984 PA 270 (MCL 125.2001 - 125.2094) by adding ch. 7A.

This bill creates a new Office of Small Business Growth within the Michigan Strategic Fund to support businesses with fewer than 500 employees. The office will be led by an administrator appointed by the governor and will provide technical assistance, coordinate state programs, and maintain a website to help entrepreneurs navigate regulations and access funding. Its primary duties include facilitating job creation, offering guidance on financial management and compliance, and collecting data on program effectiveness. The office must also submit an annual report to the governor and legislature detailing its activities and outcomes.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates a new office to support small businesses and facilitate job creation, aligning with economic development and fiscal management goals.75% confidence

Tags Economic Development Small Business

Track

in committee · Michigan · House Apr 21, 2026

HB 5798: Individual income tax: credit; community development tax credit; create. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding secs. 279 & 678. TIE BAR WITH: HB 5799'26, HB 5809'26

This bill creates a new state tax credit program designed to encourage private investment in community development projects across Michigan. It allows qualified taxpayers to claim a credit equal to 25% of their eligible investment, increasing to 50% for projects involving historic rehabilitation, rural development, or areas with low-income populations. To receive the credit, applicants must demonstrate local support and prove that the project would not happen without the financial incentive, while the state fund reviews applications based on criteria such as economic soundness and the potential to revitalize blighted or vacant properties. The legislation sets annual spending limits for the program, requires projects to be completed within three years, and mandates that at least 20% of the credits go to rural or small-scale initiatives.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates a tax credit program to encourage private investment in community development, aligning with economic development and fiscal incentives.85% confidence ✓ HousingSupports HousingBill creates tax credits to encourage private investment in community development, including low-income areas, thereby funding housing projects.85% confidence

Sub-Topics Income Tax Tax Credits Tax Incentives Community Development Property Development Tags Economic Development

Track

in committee · Michigan · House May 20, 2026

HB 5991: Corporate income tax: credits; film incentive credit; restore. Amends secs. 701, 703 & 843 of 1967 PA 281 (MCL 206.701 et seq.) & adds secs. 285 & 678. TIE BAR WITH: HB 5992'26

HB 5991 amends Michigan's corporate income tax law to restore and clarify the state's film incentive credit program. The bill defines specific terms related to film production, such as qualified productions, accredited production certificates, and digital interactive media, to establish clear rules for eligibility. It requires applicants to provide detailed economic impact data, including job creation statistics and expenditure breakdowns, to receive tax credits. This legislation directly affects film and digital media companies operating in Michigan that wish to claim financial incentives for local production activities.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill restores and clarifies film incentive tax credits, promoting economic development and job creation, which aligns with advancing state fiscal goals.85% confidence

Sub-Topics Business Taxes Government Spending Tax Incentives Tags Economic Development

Track

in committee · Michigan · House Apr 23, 2026

HB 5863: Economic development: obsolete property and rehabilitation; HOPE zone exemption; provide for. Amends sec. 10 of 2000 PA 146 (MCL 125.2790). TIE BAR WITH: HB 5852'26, HB 5856'26

This bill amends Michigan's Obsolete Property Rehabilitation Act to clarify how property taxes are calculated and distributed for buildings that have been rehabilitated. It establishes a specific annual tax on owners of these properties, with the collected funds directed to the state school aid fund rather than local taxing units. The legislation also creates exemptions for facilities located in Renaissance or HOPE zones and allows local governments to grant temporary tax relief to qualified start-up businesses operating in rehabilitated buildings.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill directs tax revenue from rehabilitated properties to the state school aid fund, increasing funding for public education while clarifying tax calculations.85% confidence ✓ EducationSupports EducationBill directs tax revenue from rehabilitated properties to the state school aid fund, increasing funding for K-12 schools.85% confidence

Sub-Topics Business Taxes Tax Incentives Tags Economic Development

Track

in committee · Michigan · House Apr 23, 2026

HB 5858: Economic development: plant rehabilitation; HOPE zone exemption; provide for. Amends sec. 11 of 1974 PA 198 (MCL 207.561). TIE BAR WITH: HB 5852'26, HB 5856'26

HB 5858 amends Michigan law to clarify how specific taxes and administrative fees are collected from owners of industrial facilities that have received tax exemption certificates. The bill establishes rules for distributing these payments, directing funds to the state treasury to support school aid rather than local districts in most cases, while allowing certain districts to retain funds under specific conditions. It also outlines procedures for calculating tax shares and includes provisions for districts that may or may not receive state aid in future fiscal years. This legislation directly affects property owners of industrial facilities, local and intermediate school districts, and the state treasury.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill clarifies tax collection and directs funds to state treasury for school aid, strengthening fiscal management and public funding.85% confidence ✓ EducationSupports EducationBill directs tax revenue from industrial facilities to the state treasury to support school aid, thereby increasing funding for education.85% confidence

Sub-Topics Property Tax Tax Incentives Tags Economic Development

Track

in committee · Michigan · House Apr 23, 2026

HB 5859: Economic development: commercial redevelopment; HOPE zone exemption; provide for. Amends sec. 12 of 1978 PA 255 (MCL 207.662). TIE BAR WITH: HB 5852'26, HB 5856'26

This bill amends Michigan's Commercial Redevelopment Act to exempt new, replacement, or restored facilities located in designated HOPE zones from the commercial facilities tax. By removing this specific tax liability for properties in these zones, the legislation aims to provide financial relief to businesses undergoing redevelopment in areas identified for economic growth. The measure is tied to companion bills and will only take effect if all related legislation is passed by the legislature.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides tax exemptions for businesses in HOPE zones, directly reducing tax liability and promoting economic development.90% confidence

Sub-Topics Tax Incentives Tags Economic Development

Track

in committee · Michigan · House Apr 23, 2026

HB 5860: Economic development: enterprise zones; HOPE zone exemption; provide for. Amends sec. 21c of 1985 PA 224 (MCL 125.2121c). TIE BAR WITH: HB 5852'26, HB 5856'26

This bill modifies Michigan's Enterprise Zone Act to clarify tax exemptions for properties located in Renaissance or HOPE zones, ensuring these areas receive specific tax relief. It explicitly states that casinos and their associated facilities, such as hotels and retail stores, are excluded from these exemptions. The legislation also outlines how any remaining specific taxes not covered by the exemption must be distributed among the local taxing units that originally imposed them. This change is contingent upon the passage of two related companion bills, HB 5852 and HB 5856, before it can take effect.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill clarifies tax exemptions for Renaissance and HOPE zones to promote economic development, while excluding casinos to ensure tax relief benefits local communities and businesses.85% confidence

Sub-Topics Tax Incentives Tags Economic Development

Track

in committee · Michigan · House Apr 23, 2026

HB 5862: Economic development: other; HOPE zone exemption; provide for. Amends sec. 12 of 1984 PA 385 (MCL 207.712). TIE BAR WITH: HB 5852'26, HB 5856'26

This bill amends Michigan's Technology Park Development Act to exempt facilities located in HOPE zones from the technology park facilities tax. The exemption applies for the same duration and to the same extent as existing exemptions provided under the Helping Opportunity Prosper Everywhere (HOPE) Zone Act. The legislation is tied to companion bills that must also be enacted for this change to take effect.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides a tax exemption for facilities in HOPE zones, reducing the technology park facilities tax and promoting economic development.90% confidence ✓ TechnologySupports TechnologyBill exempts technology park facilities from taxes in HOPE zones, promoting economic development and investment in technology infrastructure.85% confidence

Sub-Topics Tax Incentives Tags Economic Development

Track