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2013 House Bill 5017: Expand certain developer tax breaks

Public Act 204 of 2013

Introduced by Rep. Margaret O'Brien (R) on September 25, 2013
To expand a 2012 law that exempts homes and apartments built "on spec" by residential real estate developers from school operations property tax for three years (or until the property is occupied, whichever occurs first). The bill would extend the exemption to the land, not just the new structures.   Official Text and Analysis.
Referred to the House Tax Policy Committee on September 25, 2013
Reported in the House on November 6, 2013
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Substitute offered in the House on November 12, 2013
The substitute passed by voice vote in the House on November 12, 2013
To expand a 2012 law that exempts homes and apartments built "on spec" by residential real estate developers from school operations property tax for three years (or until the property is occupied, whichever occurs first). The bill would extend the exemption to the land, not just the new structures.
Received in the Senate on November 14, 2013
Referred to the Senate Economic Development Committee on November 14, 2013
Reported in the Senate on December 4, 2013
With the recommendation that the bill pass.
To expand a 2012 law that exempts land on which homes and apartments built "on spec" by residential real estate developers from school operations property tax for three years (or until the property is occupied, whichever occurs first). The bill would extend the exemption to new structures, not just the land.
Moved to reconsider by Sen. Arlan Meekhof (R) on December 5, 2013
The vote by which the bill was passed.
The motion passed by voice vote in the Senate on December 5, 2013
Received in the Senate on December 5, 2013
Signed by Gov. Rick Snyder on December 17, 2013

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