Introduced by Sen. Jeremy Moss D-Southfield on April 15, 2021
To expand to all cities, villages and townships the authority to grant "neighborhood enterprise zone" property tax breaks to developers whose projects are determined to encourage “compact development and adjacent to existing development and can utilize existing infrastructure," for rental to households earning not more than of 120% of the countywide area median income. See also Senate Bill 362. Official Text and Analysis.
Referred to the Senate Economic and Small Business Development Committee on April 15, 2021
Reported in the Senate on June 15, 2021
With the recommendation that the substitute (S-2) be adopted and that the bill then pass.
To expand to all cities, villages and townships the authority to grant "neighborhood enterprise zone" property tax breaks to developers whose projects are determined to encourage “compact development and adjacent to existing development and can utilize existing infrastructure," for rental to households earning not more than of 120% of the countywide area median income. See also Senate Bills 362, 422 and 432.