Introduced
by
To extend indefinietly a “commercial rehabilitation act” that authorizes property tax breaks for owners of rehab projects involving commercial property selected by local government officials. The law was originally created with the developer of a moribund Oakland County mall in mind, and has been used to give these indirect subsidies to other developers as well.
Referred to the Committee on Economic Development and International Investment
Reported without amendment
With the recommendation that the bill pass.
Passed in the Senate 38 to 0 (details)
To extend for another five years a “commercial rehabilitation act” that authorizes property tax breaks for owners of rehab projects involving commercial property selected by local government officials. The law was originally created with the developer of a moribund Oakland County mall in mind, and has been used to give these indirect subsidies to other developers as well.
Referred to the Committee on Government Operations
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Passed in the House 87 to 19 (details)
To extend for another five years a “commercial rehabilitation act” that authorizes property tax breaks for owners of rehab projects involving commercial property selected by local government officials. The law was originally created with the developer of a moribund Oakland County mall in mind, and has been used to give these indirect subsidies to other developers as well.
