Michigan · 2025-2026 Regular Session · Bill

SB 676: Economic development: other; recodified tax increment financing act; amend to reflect elimination of the Michigan strategic fund. Amends secs. 219, 402, 403, 404, 410, 412, 412a, 412b, 412c & 412e of 2018 PA 57 (MCL 125.4219 et seq.). TIE BAR WITH: SB 0631'25

In committee Last action October 30, 2025: REFERRED TO COMMITTEE ON GOVERNMENT OPERATIONS

Plain-language summary

SB 676 is a bill introduced in the Michigan Senate on October 30, 2025. According to its official title, it concerns: Economic development: other; recodified tax increment financing act; amend to reflect elimination of the Michigan strategic fund. Amends secs. 219, 402, 403, 404, 410, 412, 412a, 412b, 412c & 412e of 2018 PA 57 (MCL 125.4219 et seq.). TIE BAR WITH: SB 0631'25. Primary sponsor: Thomas Albert (Republican). Most recent recorded action (October 30, 2025): REFERRED TO COMMITTEE ON GOVERNMENT OPERATIONS.

Sponsors

Primary sponsor: Thomas Albert (Republican).