Michigan HB6228: Economic development: tax increment financing; tax increment financing act; amend to exempt museum authorities. Amends secs. 201, 301, 402, 523, 603, 703 & 803 of 2018 PA 57 (MCL 125.4201 et seq.). TIE BAR WITH: HB 6226'26, HB 6227'26

What the bill says

To amend 2018 PA 57, entitled "Recodified tax increment financing act," by amending sections 201, 301, 402, 523, 603, 703, and 803 (MCL 125.4201, 125.4301, 125.4402, 125.4523, 125.4603, 125.4703, and 125.4803), section 201 as amended by 2026 PA 5 and section 402 as amended by 2023 PA 312.

From the introduced text, July 29, 2026:

A bill to amend 2018 PA 57, entitled "Recodified tax increment financing act," by amending sections 201, 301, 402, 523, 603, 703, and 803 (MCL 125.4201, 125.4301, 125.4402, 125.4523, 125.4603, 125.4703, and 125.4803), section 201 as amended by 2026 PA 5 and section 402 as amended by 2023 PA 312. the people of the state of michigan enact: Sec. 201. As used in this part: (a) "Advance" means a transfer of funds made by a municipality to an authority or to another person on behalf of the authority in anticipation of repayment by the authority. Evidence of the intent to repay an advance includes, but is not limited to, an executed agreement to repay, provisions contained in a tax increment financing plan approved before the advance, or a resolution of the authority or the municipality. (b) "Assessed value" means 1 of the following: (i) For valuations made before January 1, 1995, the state equalized valuation as determined under the general property tax act, 1893 PA 206, MCL 211.1 to 211.155. (ii) For valuations made after December 31, 1994, the taxable value as determined under section 27a of the general property tax act, 1893 PA 206, MCL 211.27a. (c) "Authority" means a downtown development authority created under this part. (d) "Board" means the governing body of an authority. (e) "Business district" …

Read the full official text

Sponsors

• Carter, Tyrone (D, 1) · primary sponsor
• Mentzer, Denise (D, 61)

Latest actions

1. July 29, 2026: bill electronically reproduced 07/29/2026
2. July 29, 2026: referred to Committee on Government Operations
3. July 29, 2026: read a first time
4. July 29, 2026: introduced by Representative Rep. Tyrone Carter

Common questions

What is HB6228?

HB6228 is a bill in the Michigan Legislature (103rd Legislature): Economic development: tax increment financing; tax increment financing act; amend to exempt museum authorities. Amends secs. 201, 301, 402, 523, 603, 703 & 803 of 2018 PA 57 (MCL 125.4201 et seq.). TIE BAR WITH: HB 6226'26, HB 6227'26.

What does HB6228 do?

In its own words: To amend 2018 PA 57, entitled "Recodified tax increment financing act," by amending sections 201, 301, 402, 523, 603, 703, and 803 (MCL 125.4201, 125.4301, 125.4402, 125.4523, 125.4603, 125.4703, and 125.4803), section 201 as amended by 2026 PA 5 and section 402 as amended by 2023 PA 312.

What is the status of HB6228?

In committee as of July 29, 2026. Latest action: bill electronically reproduced 07/29/2026 (July 29, 2026).

Who sponsored HB6228?

Carter, Tyrone (D, 1), with 1 co-sponsor.

Where is the official record for HB6228?

On the Michigan Legislature website: https://www.legislature.mi.gov/Bills/Bill?ObjectName=2026-HB-6228