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Infrastructure Law and Policy

Posts by Jarrod T. Smith

Infrastructure Law and Policy

News and analysis focusing on the full spectrum of infrastructure-related issues facing state and local governments, including developments in legislation, policies, and projects

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Showing 5 posts by Jarrod T. Smith.

“MiThrive” Passes the House

On April 27, 2017, the 2017 “MiThrive” legislation (Senate Bills 111, 112, 113, 114 and 115) amending the Brownfield Redevelopment Financing Act, Act 381 of 1996, which would allow for Transformational Brownfield Redevelopment Plans, was voted out of the House Tax Policy Committee. Read More ›

TIF on Steroids Makes a Move in the House

On February 24, 2017, a legislative summary and analysis was posted stating, “Michigan ‘TIF on Steroids’ is back” and that the fate of the 2017 legislation (Senate Bills 111, 112, 113, 114 and 115) providing for Transformational Brownfield Redevelopment Plans rested with the House Tax Policy Committee.

Yesterday, April 26, 2017, on a 10-3 vote (six Republicans / four Democrats in favor, and three Republicans opposed), the legislation was reported out of the House Tax Policy Committee. It is up to the full House to decide what happens next, but this is further progress than what happened to previous similar legislation during the 2016 lame duck session. Read More ›

Michigan “TIF on Steroids” is Back

Michigan “TIF on Steroids” is back. Infrastructure, and the financing of it, have become hot topics both in Michigan and nationally.

On December, 1, 2016 information was contributed about legislation expanding tax increment financing pursuant to Act 381 of 1996 for large “transformational” projects. Those bills did not pass in lame duck. Almost identical legislation was introduced on February 7 as Senate Bills 111, 112, 113, 114 and 115. These bills were reported out of Committee on February 21 and passed the State Senate on February 22. They were received by the State House and referred to the Committee on Tax Policy on February 23. Read More ›

Observations of Michigan’s 21st Century Infrastructure Commission Report

On December 5, 2016, Michigan’s 21st Century Infrastructure Commission[1] released its report which outlines a need for as much as $60-80 billion in funding from various sources over the next 20 years ($4 billion per year). The entire report can be viewed at the link below. This entry serves only to highlight certain aspects of the report and some of the various funding sources contemplated.  Read More ›

“TIF On Steroids” and Other Incentives Making Their Way Through Michigan Legislature

A group of bills (SB 1061, 1062, 1063, 1064 and 1065) have passed the Michigan State Senate and will now be taken up in the Michigan House. The amendments, affectionately called “TIF on steroids” by some, would expand current tax increment finance legislation in Act 381 of 1996 (the Brownfield Redevelopment Financing Act), to include the return of certain sales and use taxes and income taxes associated with a Transformational Brownfield Plan (“TBP”) to an owner or developer. Presently, Act 381 only allows for the capture of certain ad valorem taxes and specific, redevelopment—or rehabilitation—purposed taxes. Senate Bill 1061 contains the material amendments. Read More ›