2005 Senate Bill 34 / Public Act 280

Authorize “corridor improvement” taxing authorities

Introduced in the Senate

Jan. 25, 2005

Introduced by Sen. Gilda Jacobs (D-14)

To authorize the creation of local corridor improvement authorities that could levy special assessments (property taxes), borrow, or use tax increment financing to pay for economic development and improvement projects in a commercial district along a road classified as an arterial or collector road.

Referred to the Committee on Economic Development, Small Business, and Regulatory Reform

June 28, 2005

Reported without amendment

With the recommendation that the substitute (S-4) be adopted and that the bill then pass.

June 29, 2005

Substitute offered

To replace the previous version of the bill with one that revises details of the application process.

The substitute passed by voice vote

June 30, 2005

Passed in the Senate 32 to 3 (details)

Received in the House

June 30, 2005

Referred to the Committee on Commerce

Nov. 8, 2005

Reported without amendment

With the recommendation that the substitute (H-1) be adopted and that the bill then pass.

Nov. 29, 2005

Substitute offered

To replace the previous version of the bill with one that revises details but does not change the substance of the bill as previously described.

The substitute passed by voice vote

Nov. 30, 2005

Passed in the House 98 to 8 (details)

To authorize the creation of local corridor improvement authorities that could levy special assessments (property taxes), borrow, or use tax increment financing to pay for economic development and improvement projects in a commercial district along a road classified as an arterial or collector road.

Received in the Senate

Dec. 1, 2005

Dec. 6, 2005

Passed in the Senate 36 to 0 (details)

To concur with the House-passed version of the bill.

Signed by Gov. Jennifer Granholm

Dec. 19, 2005