2016 House Bill 5439 / Public Act 118

Revise renaissance zone tax breaks

Introduced in the House

March 9, 2016

Introduced by Rep. Michael Webber (R-45)

To exempt businesses located in tax-free “renaissance zones” from having to make alternative “payments in lieu of taxes”.

Referred to the Committee on Tax Policy

March 23, 2016

Reported without amendment

Without amendment and with the recommendation that the bill pass.

April 14, 2016

Passed in the House 97 to 11 (details)

To exempt businesses located in tax-free “renaissance zones” from having to make alternative “payments in lieu of taxes.” Reportedly concerns have been raised regarding an unequal impact this would have on counties, and related constitutional issues.

Received in the Senate

April 19, 2016

Referred to the Committee on Finance

May 5, 2016

Reported without amendment

With the recommendation that the bill pass.

May 10, 2016

Passed in the Senate 33 to 4 (details)

Signed by Gov. Rick Snyder

May 17, 2016