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HB5867 • 2026

Economic development: tax increment financing; HOPE zone exemption; provide for. Amends secs. 201, 301, 402, 523, 602, 702 & 802 of 2018 PA 57 (MCL 125.4201 et seq.). TIE BAR WITH: HB 5852'26

Economic development: tax increment financing; HOPE zone exemption; provide for. Amends secs. 201, 301, 402, 523, 602, 702 & 802 of 2018 PA 57 (MCL 125.4201 et seq.). TIE BAR WITH: HB 5852'26

Taxes
Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
Helena Scott (District 8), Veronica Paiz (District 10), Kimberly Edwards (District 12), Stephanie Young (District 16), Amos O'Neal (District 94), Tyrone Carter (District 1), Regina Weiss (District 5), Jennifer Conlin (District 48), Morgan Foreman (District 33), Matt Longjohn (District 40)
Last action
2026-04-23
Official status
bill electronically reproduced 04/22/2026
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Economic development: tax increment financing; HOPE zone exemption; provide for. Amends secs. 201, 301, 402, 523, 602, 702 & 802 of 2018 PA 57 (MCL 125.4201 et seq.). TIE BAR WITH: HB 5852'26

Economic development: tax increment financing; HOPE zone exemption; provide for.

What This Bill Does

  • Economic development: tax increment financing; HOPE zone exemption; provide for.
  • Amends secs.
  • 201, 301, 402, 523, 602, 702 & 802 of 2018 PA 57 (MCL 125.4201 et seq.).
  • TIE BAR WITH: HB 5852'26

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-04-23 HJ 31 Pg. 0

    bill electronically reproduced 04/22/2026

  2. 2026-04-22 HJ 30 Pg. 0

    introduced by Representative Rep. Helena Scott

  3. 2026-04-22 HJ 30 Pg. 0

    read a first time

  4. 2026-04-22 HJ 30 Pg. 0

    referred to Committee on Government Operations

Official Summary Text

Economic development: tax increment financing; HOPE zone exemption; provide for. Amends secs. 201, 301, 402, 523, 602, 702 & 802 of 2018 PA 57 (MCL 125.4201 et seq.). TIE BAR WITH: HB 5852'26