2009 Senate Bill 500 ↩

House Roll Call 312: Passed

To authorize the granting of an Industrial Plant Rehabilitation personal property tax break for a particular “existing facility” in Otsego County. Under current law such tax breaks may be granted to new and speculative buildings, and to replacement facilities. The bill would also change the rules for transferring these tax breaks to a new owner, so as to benefit the owner of an industrial facility in Auburn Hills.