Introduced
by
To extend the sunset until 2008 for a provision of the Industrial Plant Rehabilitation Act that gives property tax exemptions to certain electric generating plants owned by municipalities. See also House Bill 5386, which eliminates the sunset and extends the provision indefinitely.
Referred to the Committee on Tax Policy
Passed in the House 105 to 0 (details)
Amendment offered
To add a provision to the Industrial Plant Rehabilitation Act to include the Detroit Federal Reserve Bank in the definition of "industrial property" eligible for a property tax exemptions under the Act.
The amendment passed by voice vote
Passed in the Senate 34 to 0 (details)
To extend the sunset until 2008 for a provision of the Industrial Plant Rehabilitation Act that gives property tax exemptions to certain electric generating plants owned by municipalities.
Passed in the House 104 to 0 (details)
To concur with the Senate-passed version of the bill.