The document discusses proposed changes to Michigan's Brownfield tax credits and incentives. It outlines that the changes would extend the use of school tax capture for brownfield redevelopment, make demolition and abatement funds available statewide, and increase the amount available for local administration. The proposed changes would increase the brownfield tax credit percentage from 10% to 12.5%, make credits refundable if they exceed tax liability, and provide up to a 15% credit for urban redevelopment projects. It concludes by asking about remaining challenges to brownfield redevelopment and how the state can further stimulate reinvestment.

1. Brownfield Redevelopment Discussion Peter Anastor Michigan Economic Development Corporation www.themedc.org www.michiganadvantage.org