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2022 Senate Bill 1221: Extend tax breaks for owners benefitting from an Oakland “renaissance zone”
Introduced by Sen. Wayne Schmidt R-Traverse City on November 10, 2022
To extend for another 15 years the generous tax exemptions authorized by lawmakers for the corporate and other beneficiaries of a particular “renaissance zone” in Oakland county.   Official Text and Analysis.
Referred to the Senate Economic and Small Business Development Committee on November 10, 2022
Received in the House on November 30, 2022
Referred to the House Tax Policy Committee on November 30, 2022
Substitute offered in the House on December 7, 2022
To replace the previous version of the bill with one that revises details but does not change the substance as previously described.
The substitute passed by voice vote in the House on December 7, 2022

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