Transformational Brownfield Plan Modifications (SB0723)

Current understanding

SB0723 amends the Brownfield Redevelopment Financing Act (1996 PA 381), modifying secs. 2, 13c, 14a, and 16 and adding new secs. 16a and 16b to change how transformational brownfield plans are structured and approved. Transformational brownfield plans allow qualifying large-scale redevelopment projects to capture certain state tax increments (income, withholding, sales, and use taxes) to finance eligible activities on contaminated or blighted sites. The bill is enacted; specific changes to eligibility criteria, capture mechanics, and reporting requirements under the new sections determine what shifts for developers, local brownfield authorities, and state revenue.

Evidence log

• 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 brownfield-museum-authority-exemption-sb1140: 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)
• 2026-07-29 — Economic development: brownfield redevelopment authority; transformational brownfield plan; modify. Amends secs. 2, 13c, 14a & 16 of 1996 PA 381 (MCL 125.2652 et seq.) & adds secs.16a & 16b.: cross-connection with brownfield-redevelopment-program-sb0898: Both modernize Michigan’s brownfield redevelopment framework in the same session: SB0898 restructures the environmental brownfield redevelopment program under NREPA (PA 451), while SB0723 revises transformational brownfield plan rules under the Brownfield Redevelopment Financing Act (PA 381). (novelty: 2)

Open questions

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