Housing: condominium; requirements for an association of co-owners to conduct a reserve study and establish a reserve funding plan; modify. Amends sec. 105 of 1978 PA 59 (MCL 559.205).
Economic development: brownfield redevelopment authority; definitions of housing property and tax capture revenues and cap on total tax capture revenues; clarify definitions and modify cap. Amends secs. 2, 14a & 16 of 1996 PA 381 (MCL 125.2652 et seq.).
Use tax: definitions; definition of qualified commercial motor vehicle; modify. Amends secs. 2 & 4a of 1937 PA 94 (MCL 205.92 & 205.94a). TIE BAR WITH: HB 5434'25, HB 5435'25