Brownfield Redevelopment Financing Act — Museum Authority Exemption (SB1140)

Current understanding

SB1140 would amend sec. 2 of the Brownfield Redevelopment Financing Act (1996 PA 381; MCL 125.2652) to exempt museum authorities from the act’s definitions and related financing framework. It is tie-barred with SB1139 and SB1141 as part of a companion package. The bill has been introduced; no chamber action reported.

Evidence log

• 2026-07-29 — Economic development: tax increment financing; definition of tax increment revenues; exclude taxes levied under history museum authorities act. Amends secs. 201, 301, 402, 523, 603, 703 & 803 of 2018 PA 57 (MCL 125.4201 et seq.). TIE BAR WITH: SB 1139’26, SB 1140’26: Companion bill SB1141 introduced to amend the Recodified TIF Act (2018 PA 57) so history-museum-authority taxes are excluded from tax increment revenue definitions, complementing SB1140’s brownfield-act museum-authority exemption within the same tie-barred package. (novelty: 2)
• 2026-07-29 — Economic development: brownfield redevelopment authority; brownfield redevelopment financing act; amend to exempt museum authorities. Amends sec. 2 of 1996 PA 381 (MCL 125.2652). TIE BAR WITH: SB 1139’26, SB 1141’26: cross-connection with transformational-brownfield-plan-sb0723: Both bills amend sec. 2 of 1996 PA 381 (MCL 125.2652); SB0723 restructures transformational brownfield plan definitions while SB1140 carves out museum authorities from the same definitional section. (novelty: 2)

Open questions

Related