Energy: alternative sources; HOPE zone exemption; provide for. Amends sec. 9 of 2023 PA 108 (MCL 211.1159). TIE BAR WITH: HB 5852'26, HB 5856'26

Summary

The bill changes the solar energy facilities tax by adding an exemption for solar projects located in Michigan renaissance zones or HOPE zones, while keeping other tax rules unchanged. It also ties its effectiveness to the passage of two companion bills (HB 5852 and HB 5856). The changes affect solar owners, lessees, and local taxing units that collect the tax.

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