Michigan · 2025-2026 Regular Session · Bill

SB 199: Economic development: tax increment financing; definition of other protected obligation; modify and expand. Amends sec. 301 of 2018 PA 57 (MCL 125.4301).

Passed one chamber Last action November 13, 2025: referred to Committee on Economic Competitiveness

Plain-language summary

SB 199 is a bill introduced in the Michigan Senate on March 20, 2025. According to its official title, it concerns: Economic development: tax increment financing; definition of other protected obligation; modify and expand. Amends sec. 301 of 2018 PA 57 (MCL 125.4301). Primary sponsor: Sam Singh (Democratic). Most recent recorded action (November 13, 2025): referred to Committee on Economic Competitiveness.

Sponsors

Primary sponsor: Sam Singh (Democratic).