Plymouth; special rules authorized.

HF 512 authorizes the city of Plymouth to establish up to two redevelopment districts in its city center area (as defined in its 2024 zoning map) using modified tax increment financing rules. It directly affects Plymouth by waiving a standard requirement, excluding a specific provision, and extending key timeframes from five years to ten years for planning and eleven years for fund use. The bill allows Plymouth to use tax increment financing more flexibly for local redevelopment projects within these designated areas. This special rule expires December 31, 2031.