Economic development: commercial redevelopment; commercial rehabilitation act; modify. Amends secs. 2, 6, 7, 14 & 16 of 2005 PA 210 (MCL 207.842 et seq.).

This bill amends an existing act to update definitions and procedures for commercial rehabilitation districts in Michigan. It clarifies what qualifies as "rehabilitation" and "commercial property," including certain multifamily residential uses and retail food establishments in underserved areas. The bill also modifies how commercial rehabilitation exemption certificates are issued, amended, and extended, and changes the deadline for granting new exemptions to December 31, 2035.

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