Economic development: plant rehabilitation; definition of qualified commercial activity; modify. Amends sec. 2 of 1974 PA 198 (MCL 207.552).

HB 5462 amends Michigan's Plant Rehabilitation Act to clarify the definition of "industrial property" by explicitly including "qualified commercial activity" under Section 2(7)(a)(v). This change directly affects businesses seeking tax-exempt status in plant rehabilitation districts by defining which commercial operations qualify for the program. The bill modifies existing language to ensure clarity around eligible activities without creating new tax benefits or altering program requirements. It is a technical definitional update to the 1974 law, not a substantive policy change.