Introduced
by
To give the new type of targeted tax break authorizing entity proposed by Senate Bill 1083, “next Michigan development corporations,” the power to grant particular firms exemptions to the property tax on business tools and equipment (“personal property tax”).
Referred to the Committee on Commerce and Tourism
Reported without amendment
With the recommendation that the bill pass.
Amendment offered
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
Passed in the Senate 29 to 8 (details)
To give the new type of targeted tax break authorizing entity proposed by Senate Bill 1083, “next Michigan development corporations,” the power to grant particular firms exemptions to the property tax on business tools and equipment (“personal property tax”).
Referred to the Committee on New Economy and Quality of Life
Passed in the House 76 to 25 (details)
