Michigan Act 381 of 1996
| AN ACT to authorize municipalities to create a brownfield redevelopment authority to facilitate the implementation of brownfield plans; to create brownfield redevelopment zones; to promote the revitalization, redevelopment, and reuse of certain property, including, but not limited to, tax reverted, blighted, or functionally obsolete property; to prescribe the powers and duties of brownfield redevelopment authorities; to permit the issuance of bonds and other evidences of indebtedness by an authority; to authorize the acquisition and disposal of certain property; to authorize certain funds; to prescribe certain powers and duties of certain state officers and agencies; and to authorize and permit the use of certain tax increment financing.
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| Document | Description |
| Section 125.2651 | Short title. |
| Section 125.2652 | Definitions. |
| Section 125.2653 | Brownfield redevelopment authority; establishment; exercise of powers; alteration or amendment of boundaries; authority as public body corporate; written agreement with county. |
| Section 125.2654 | Resolution by governing body; adoption; notice; public hearing; proceedings establishing authority; presumption of validity; exercise as essential governmental function; implementation or modification of plan. |
| Section 125.2655 | Designation of board by governing body; membership; trustees; applicability of subsection (2); election of chairperson, vice-chairperson, and other officers; oath; procedural rules; meetings; special meetings; removal of member; records open to public; quorum. |
| Section 125.2656 | Appointment or employment of director, treasurer, secretary, personnel, and consultants; assistance provided by municipality; retirement and insurance programs. |
| Section 125.2657 | Powers of authority; determining captured taxable value; transfer of municipality funds to authority. |
| Section 125.2658 | Local site remediation revolving fund. |
| Section 125.2659 | Authority as instrumentality of political subdivision. |
| Section 125.2660 | Taking, transfer, and use of private property. |
| Section 125.2661 | Financing sources of authority activities. |
| Section 125.2662 | Bonds and notes of authority. |
| Section 125.2663 | Brownfield plan; provisions. |
| Section 125.2664 | Brownfield plan as public purpose; determination; amendments to plan; validity of procedure, notice, and findings; presumption. |
| Section 125.2665 | Prohibited conduct; work plan or remedial action plan; documents to be submitted for approval; factors to be considered in plan review; written request pertaining to baseline environmental assessment activities or due care activities; additional response activities; reimbursement of costs to review work plan or remedial action plan; report; distribution of remaining funds; use of school operating taxes. |
| Section 125.2666 | Tax increment revenues; transmission to authority; expenditure; reversion of surplus funds; abolishment of plan; financial status report; collection of financial reports by department and state tax commission. |
| Section 125.2667 | Authorization, issuance, and sale of tax increment bonds and notes. |
| Section 125.2668 | Operating budget. |
| Section 125.2669 | Dissolution of authority; distribution of tax revenues and interest. |
| Section 125.2670 | Enforcement proceedings. |
| Section 125.2671 | Taxes levied before December 31, 1996. |
| Section 125.2672 | Conditional effective date. |