The bill amends the Neighborhood Enterprise Zone Act to update the requirements for designating neighborhood enterprise zones by local governmental units in Michigan. It specifies that a neighborhood enterprise zone must contain at least 10 platted parcels of land, although zones in qualified downtown revitalization districts may have fewer parcels if they collectively contain 10 or more facilities. The bill also changes the total acreage limits for these zones, increasing the maximum from 15% to 20% of the total acreage within the local governmental unit for zones containing new or rehabilitated facilities, and from 15% to 20% for zones containing only homestead facilities. Additionally, it mandates that local governing bodies must provide written notice to relevant taxing units and hold public hearings before designating or amending a neighborhood enterprise zone.

Furthermore, the bill introduces new requirements for local governmental units with populations over 20,000 to pass a housing inspection ordinance before designating a neighborhood enterprise zone. It also stipulates that a housing inspection must be conducted before the sale of any unit in a new or rehabilitated facility within the zone. The bill includes provisions for the expiration of previous certificates in certain circumstances and establishes criteria for designating zones in newly formed local governmental units, emphasizing the need for compact development and access to existing infrastructure. The language of the bill reflects these changes, with specific insertions and deletions to clarify the requirements and processes involved in establishing neighborhood enterprise zones.

Statutes affected:
Senate Introduced Bill: 207.773