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SB199 • 2026

Economic development: tax increment financing; definition of other protected obligation; modify and expand. Amends sec. 301 of 2018 PA 57 (MCL 125.4301).

Economic development: tax increment financing; definition of other protected obligation; modify and expand. Amends sec. 301 of 2018 PA 57 (MCL 125.4301).

Taxes
Active

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

Sponsor
Sam Singh (District 28)
Last action
2025-11-13
Official status
referred to Committee on Economic Competitiveness
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; definition of other protected obligation; modify and expand. Amends sec. 301 of 2018 PA 57 (MCL 125.4301).

Economic development: tax increment financing; definition of other protected obligation; modify and expand.

What This Bill Does

  • Economic development: tax increment financing; definition of other protected obligation; modify and expand.
  • Amends sec.
  • 301 of 2018 PA 57 (MCL 125.4301).

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. 2025-11-13 SJ 105 Pg. 1746

    PASSED ROLL CALL # 299 YEAS 22 NAYS 14 EXCUSED 1 NOT VOTING 0

  2. 2025-11-13 HJ 110 Pg. 1837

    received on 11/13/2025

  3. 2025-11-13 HJ 110 Pg. 1841

    read a first time

  4. 2025-11-13 HJ 110 Pg. 1841

    referred to Committee on Economic Competitiveness

  5. 2025-11-12 SJ 104 Pg. 1728

    REPORTED FAVORABLY WITHOUT AMENDMENT 11/6/2025

  6. 2025-11-12 SJ 104 Pg. 1728

    COMMITTEE RECOMMENDED IMMEDIATE EFFECT

  7. 2025-11-12 SJ 104 Pg. 1728

    REFERRED TO COMMITTEE OF THE WHOLE

  8. 2025-11-12 SJ 104 Pg. 1723

    RULES SUSPENDED FOR IMMEDIATE CONSIDERATION

  9. 2025-11-12 SJ 104 Pg. 1727

    REPORTED BY COMMITTEE OF THE WHOLE FAVORABLY WITHOUT AMENDMENT(S)

  10. 2025-11-12 SJ 104 Pg. 1727

    PLACED ON ORDER OF THIRD READING

  11. 2025-03-20 SJ 27 Pg. 266

    INTRODUCED BY SENATOR SAM SINGH

  12. 2025-03-20 SJ 27 Pg. 266

    REFERRED TO COMMITTEE ON APPROPRIATIONS

Official Summary Text

Economic development: tax increment financing; definition of other protected obligation; modify and expand. Amends sec. 301 of 2018 PA 57 (MCL 125.4301).