Introduced by Sen. Hansen Clarke (D) on January 21, 2010
To revise the “local development financing act” to accommodate the new type of entities proposed by Senate Bill 1083, “next Michigan development corporations," which empower certain government officials and appointees to grant extensive tax breaks and subsidies to select businesses near airports, particularly Willow Run and Detroit Metro airports in Wayne County (the "aerotropolis"). Official Text and Analysis.
Referred to the Senate Commerce & Tourism Committee on January 21, 2010
Reported in the Senate on November 10, 2010
With the recommendation that the bill pass.
Amendment offered in the Senate on November 10, 2010
To tie-bar the bill to House Bill 5349, meaning this bill cannot become law unless that one does also. HB 5349 would allow “renaissance zones” tax breaks for the same kinds of projects.
The amendment passed by voice vote in the Senate on November 10, 2010