Michigan · 2025-2026 Regular Session · Bill

HB 5073: Economic development: brownfield redevelopment authority; definitions of housing property and tax capture revenues and cap on total tax capture revenues; clarify definitions and modify cap. Amends secs. 2, 14a & 16 of 1996 PA 381 (MCL 125.2652 et seq.).

In committee Last action September 29, 2025: bill electronically reproduced 09/26/2025

Plain-language summary

HB 5073 is a bill introduced in the Michigan House on September 26, 2025. According to its official title, it concerns: Economic development: brownfield redevelopment authority; definitions of housing property and tax capture revenues and cap on total tax capture revenues; clarify definitions and modify cap. Amends secs. 2, 14a & 16 of 1996 PA 381 (MCL 125.2652 et seq.). Primary sponsor: Alabas Farhat (Democratic). Most recent recorded action (September 29, 2025): bill electronically reproduced 09/26/2025.

Sponsors

Primary sponsor: Alabas Farhat (Democratic).