SB 966 amends the State Housing Development Authority Act of 1966 to add new powers for the State Housing Development Authority in Michigan. The bill allows the authority to establish and collect fees for its publications, loans, and related services, and to use the resulting income for its corporate purposes. These funds are not considered interest and can be used to support the authority's housing initiatives, provided they are not pledged for bond repayment. The legislation directly affects the State Housing Development Authority by expanding its financial and operational capabilities to better serve housing needs across Michigan.
This bill requires Michigan school districts and public academies receiving specific weighted funding to use those funds for student achievement, including literacy, math, and direct English language development instruction. To qualify for this aid, districts must administer standardized English proficiency tests, implement a data-driven multi-tiered support system for all grades, and report detailed information to parents and the state department about how the money is spent. The legislation also mandates that districts allow state audits of their records and permits up to 2% of the funds to cover administrative costs related to compliance. Importantly, the bill will only take effect if a companion bill establishing the specific funding formula is also passed into law.
HB 5630 allocates funding for Michigan's public K-12 schools and community colleges for fiscal years 2026-2027. It provides $18.37 billion for K-12 schools from the state school aid fund, general fund, and other education trust funds, plus $493 million for community colleges across 12 institutions. The bill specifies exact funding amounts for each community college's operations and includes provisions for unused funds to transfer to a stabilization fund. This omnibus appropriations bill directly affects all public school districts and community colleges statewide by setting their state funding levels for the next two fiscal years.
SB 722 amends Michigan's Commercial Rehabilitation Act to update eligibility rules for tax credits aimed at revitalizing commercial properties. It clarifies definitions of "qualified facility" (including new requirements for retail food establishments in underserved areas) and allows commercial rehabilitation districts to be smaller than 3 acres in downtowns or near qualifying food stores. The bill explicitly excludes stadiums and casinos from receiving tax benefits. These changes aim to streamline the process for property owners seeking credits while ensuring funds target specific revitalization projects.
SB 723 modifies Michigan's Brownfield Redevelopment Financing Act to streamline cleanup and development of contaminated or underused industrial sites. It defines "blighted" properties more clearly (e.g., sites with disconnections, fire hazards, or buried debris) and creates a new "transformational brownfield plan" that allows developers to capture tax revenues generated during construction. The bill establishes "construction period tax capture revenues" - taxes collected from wages paid during site improvements - which are calculated using a specific formula and reported to the state treasury. This policy directly affects developers, local governments, and property owners working on eligible brownfield sites, providing a new funding mechanism for redevelopment projects.
SB 301 establishes a corporate income tax credit for employers who offer paid leave to employees donating organs. Beginning in 2026, eligible employers can claim a credit equal to 100% of the wages paid to an employee during up to 12 weeks of organ donation leave. To qualify, this leave must be separate from other paid leave benefits and compensate the employee at their full normal wage. The credit is non-refundable but can be carried forward for up to three years to offset future tax liabilities.
SB 106 creates a special vehicle registration plate in Michigan that supports animal welfare. Vehicle owners who purchase this plate will contribute funds to a dedicated "Protecting Michigan's Pets Fund," managed by the state treasurer. The fund receives all plate sale proceeds and disburses money quarterly to the Michigan Pet Alliance to support spay/neuter programs and care for homeless/abused animals in shelters. This bill directly affects plate buyers and provides a new funding source for animal welfare organizations.
SB 792 amends Michigan's "Obsolete Property Rehabilitation Act" to clarify definitions and update eligibility for tax exemptions on rehabilitation projects. The bill specifies that "obsolete property" includes blighted, functionally obsolete, or brownfield sites (e.g., industrial buildings converted to residential use), and defines "rehabilitation" to require major improvements (exceeding 10% of property value), excluding minor repairs. It refines criteria for local governments to establish rehabilitation districts, limiting eligibility to areas with economic hardship indicators like low median income or proximity to large cities. This affects property owners and local governments in designated districts by ensuring only substantial rehabilitation projects qualify for tax relief under the updated rules.
SB 793 amends Michigan's industrial facility tax law to clarify key definitions for tax exemption eligibility. It updates terms like "restoration" (major renovations to industrial properties, including structural improvements) and "speculative building" (new structures built without a specific tenant) to better align with current development practices. These changes directly affect local governments, economic development organizations, and businesses seeking tax benefits for industrial property improvements. The bill focuses on making the program's rules clearer without altering the core tax exemption structure.
SB 913 amends Michigan law to remove the expiration date for a specific requirement to deposit tobacco settlement revenue into the 21st Century Jobs Trust Fund. This change ensures that $75 million of annual tobacco settlement funds must continue to be transferred to the trust through fiscal year 2026, rather than reverting to the state's general fund. The bill directly affects the state treasurer and the department of treasury by clarifying the long-term handling of these funds, which are used for investments and economic development projects. By eliminating the sunset provision, the legislation maintains the flow of money into the trust without altering the existing rules for how the funds are invested or disbursed.
