Michigan § 207.667 Report on utilization of commercial redevelopment districts; economic analysis of costs and benefits.

Michigan Statutes

§ 207.667 — Report on utilization of commercial redevelopment districts; economic analysis of costs and benefits.

Michigan § 207.667

Ch. 207TAXATION

Act 255 of 1978COMMERCIAL REDEVELOPMENT ACT (207.651-207.668)

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Bluebook

Mich. Comp. Laws § 207.667 (2026).

Text

COMMERCIAL REDEVELOPMENT ACT (EXCERPT) Act 255 of 1978 207.667 Report on utilization of commercial redevelopment districts; economic analysis of costs and benefits. Sec. 17.

(1)The department of commerce annually shall prepare and submit to the taxation and economic development and energy committees of the house of representatives and the finance and corporations and economic development committees of the senate a report on the utilization of commercial redevelopment districts, based on the information filed with the commission.

(2)After this act has been in effect for 3 years, the department of commerce shall prepare and submit to the taxation and economic development committees of the house of representatives and the finance and corporations and economic development committees of the s

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COMMERCIAL REDEVELOPMENT ACT (EXCERPT) Act 255 of 1978 207.667 Report on utilization of commercial redevelopment districts; economic analysis of costs and benefits. Sec. 17. (1) The department of commerce annually shall prepare and submit to the taxation and economic development and energy committees of the house of representatives and the finance and corporations and economic development committees of the senate a report on the utilization of commercial redevelopment districts, based on the information filed with the commission. (2) After this act has been in effect for 3 years, the department of commerce shall prepare and submit to the taxation and economic development committees of the house of representatives and the finance and corporations and economic development committees of the senate an indepth economic analysis of the costs and benefits of this act in the 3 communities where it has been most heavily utilized as determined by dollars of state equalized valuation foregone.