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
Key claim: This bill would stop tax-increment financing districts from capturing property taxes levied by history museum authorities, so those millages would stay with the museum authority instead of being diverted to TIF projects.
Abstract
(SB1141 · 103rd Legislature) 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 Sponsor: Sen. Sylvia Santana (D) + 7 co-sponsors Latest action (2026-09-15): Received On 09/10/2026
Why this matters
Tax-increment financing districts currently capture most local millages within their boundaries, including any newly created dedicated taxes. Carving history museum authority millages out of TIF capture would preserve that revenue for the museum authority rather than diverting it to downtown, brownfield, or corridor development projects. The exemption is one leg of a three-bill package that also creates the museum authority itself and mirrors the exclusion in the Brownfield Redevelopment Financing Act.