2005 Senate Bill 52 / 2006 Public Act 70

Expand “brownfields” tax credits

Introduced in the Senate

Jan. 25, 2005

Introduced by Sen. Jim Barcia (D-31)

To expand the definition of the term "rehabilitation" in the law that authorizes “brownfields” tax credits, so that adding additional space or adding additional stories to a facility would qualify it for a tax credit.

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

March 1, 2005

Reported without amendment

With the recommendation that the bill pass.

March 9, 2005

Amendment offered by Sen. Jim Barcia (D-31)

To limit the extension of this tax break to additions on the same floor level that do not increase the existing floor space by 100 percent or more.

The amendment passed by voice vote

Passed in the Senate 37 to 0 (details)

Received in the House

March 9, 2005

Referred to the Committee on Commerce

Jan. 31, 2006

Reported without amendment

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

Feb. 23, 2006

Substitute offered

The substitute failed by voice vote

Feb. 28, 2006

Passed in the House 105 to 0 (details)

Signed by Gov. Jennifer Granholm

March 16, 2006