2013 Senate Bill 536 ↩

House Roll Call 386: Passed

To authorize property tax exemptions of five to seven years for property owned by a nonprofit organization whose purpose is real estate development, if the local government agrees, and if the organization is approved by the political appointees on the board of the state agency responsible for granting and overseeing selective tax breaks and subsidies to particular corporations or developers (the “Michigan Economic Development Corporation,” an arm of the “Michigan Strategic Fund”).