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 amends Michigan’s tax increment financing statute so taxes levied under the history museum authorities act are excluded from the definition of tax increment revenues.
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) + 1 co-sponsor Latest action (2026-08-12): Senate Co-sponsor(s) Named: Mallory Mcmorrow
Why this matters
Tax increment financing (TIF) captures growth in local tax revenue to fund development authorities, so which taxes count as ‘tax increment revenues’ directly determines how much money is diverted from other taxing jurisdictions. Excluding history museum authority taxes preserves that dedicated museum funding stream from being captured by TIF-based authorities, a narrow but concrete carve-out for taxpayers and museum authorities.