HB 5412
Economic development: brownfield redevelopment authority; disbursing of funds without a required legislative report; prohibit. Amends secs. 8a & 16 of 1996 PA 381 (MCL 125.2658a & 125.2666). TIE BAR WITH: HB 5417'25
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- Passed House
- Passed Senate
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Bill overview
This bill prohibits the Michigan Brownfield Redevelopment Authority from disbursing funds from the state brownfield redevelopment fund without a required legislative report. It aims to increase transparency and accountability in the use of these funds, which are intended for brownfield redevelopment projects. The bill also clarifies reporting requirements for the authority and ensures that funds are properly tracked and accounted for, particularly for transformational brownfield plans. It ties this legislation to House Bill 5417 to ensure coordinated action.
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Primary sponsor
Cosponsors
Gregory Alexander
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