2002 Senate Bill 1500 / Public Act 622

Introduced in the Senate

Nov. 12, 2002

Introduced by Sen. Willis Bullard (R-15)

To eliminate a loophole in renaissance zone and next energy single business tax credits that allows businesses with a just a "storefront" presence in a zone to claim the tax credits for business done outside the zone.

Referred to the Committee on Finance

Dec. 4, 2002

Substitute offered

To replace the previous version of the bill with a version recommended by the committee which reported it. The substitute incorporates technical changes resulting from committee testimony and deliberation. These changes do not affect the substance of the bill as previously described.

The substitute passed by voice vote

Dec. 5, 2002

Amendment offered by Sen. Joanne Emmons (R-23)

To clarify technical provisions contained in the bill.

The amendment passed by voice vote

Passed in the Senate 33 to 0 (details)

Received in the House

Dec. 5, 2002

Referred to the Committee on Tax Policy

Dec. 13, 2002

Substitute offered

To replace the previous version of the bill with one containing technical changes that do not affect its substance as previously described.

The substitute passed by voice vote

Amendment offered by Rep. Nancy Cassis (R-38)

To clarify a technical change in a definition contained in the bill.

The amendment passed by voice vote

Passed in the House 101 to 1 (details)

To eliminate a loophole in renaissance zone and next energy single business tax credits that allows businesses with a just a "storefront" presence in a zone to claim the tax credits for business done outside the zone.

Received in the Senate

Dec. 13, 2002

Passed in the Senate 33 to 0 (details)

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

Signed by Gov. John Engler

Dec. 21, 2002