2002 Senate Bill 1417 / Public Act 745

Introduced in the Senate

Sept. 17, 2002

Introduced by Sen. Willis Bullard (R-15)

To require that state reimbursements to intermediate school districts for property tax revenue not collected due to tax breaks given residents and firms in renaissance zones must be based on the property’s current taxable value, not the value at the time the renaissance zone was established.

Referred to the Committee on Economic Development, International Trade, and Regulatory Affairs

Sept. 26, 2002

Passed in the Senate 35 to 0 (details)

In the House

Nov. 7, 2002

Referred to the Committee on Appropriations

Dec. 11, 2002

Passed in the House 103 to 0 (details)

Signed by Gov. John Engler

Dec. 30, 2002