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Michigan: $1B brownfield development incentive package passed

Now awaiting Gov. Rick Snyder’s signature is a series of bills calling for significant investment, by way of funding and tax incentives, for blighted and otherwise functionally obsolete land in the state. The goal is to make property that has been declared a public nuisance, a fire hazard, or similarly dangerous or unfit for its intended use economically viable once again.

THE LEGISLATION

Senator Ken Horn, the primary sponsor of SB 111, introduced the main bill in February. It passed to the House that same month, was amended there, and sent back to the Senate in early May. On May 9, 2017, the final version passed in the Senate with a 32 to 6 vote.

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