SB 1140: Economic development: brownfield redevelopment authority; brownfield redevelopment financing act; amend to exempt museum authorities. Amends sec. 2 of 1996 PA 381 (MCL 125.2652). TIE BAR WITH: SB 1139'26, SB 1141'26

This bill is a small update to how the state handles **"brownfields."** **What are brownfields?** Brownfields are old, often polluted, or abandoned properties that the government encourages developers to clean up and reuse by giving them special tax incentives. **What does this bill do?** It clarifies that **museum authorities** are exempt from being part of these brownfield programs. Essentially, it removes them from the legal definition of the groups that participate in these redevelopment projects. **Key things to know:** * **It’s a package deal:** This bill is "tie-barred" to two other bills (SB 1139 and SB 1141). This means none of them can become law unless all three pass together. * **Status:** It is currently being reviewed in the Senate.