Introduced
by
To authorize property tax subsidies (abatements) for the Pfizer/Pharmacia Corporation. This is in response to concerns that, with the proposed purchase by Pfizer of the Pharmacia Corporation, some 8,500 Pharmacia employees in the Kalamazoo and Ann Arbor areas might be reduced or moved to other states. The bill is drafted in such a way as to only apply to this company. Specifically, it would allow local governments to exempt new equipment acquired by the company from personal property tax.
Referred to the Committee on Commerce
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Passed in the House 102 to 5 (details)
Referred to the Committee on Commerce and Labor
Reported without amendment
With the recommendation that the bill pass.
Amendment offered
To clarify language in a provision contained in the bill in a way that does not change the substance of the provision.
The amendment passed by voice vote
Passed in the Senate 37 to 0 (details)
To authorize property tax subsidies (abatements) for the Pfizer/Pharmacia Corporation. This is in response to concerns that, with the proposed purchase by Pfizer of the Pharmacia Corporation, some 8,500 Pharmacia employees in the Kalamazoo and Ann Arbor areas might be reduced or moved to other states. The bill is drafted in such a way as to only apply to this company. Specifically, it would allow local governments to exempt new equipment acquired by the company from personal property tax.
Passed in the House 103 to 1 (details)
To authorize local property tax abatements by communities with Federal Mogul corporation, in conjunction with Senate Bill 824, which authorizes MEGA single business tax credits for the firm. The previous purpose of the bill, to provide subsidies to Pfizer Corporation, was accomplished by 2003 Senate Bill 540.
Motion to reconsider
by
The vote by which the Pfizer subsidy version of the bill was passed.
The motion passed by voice vote
Substitute offered
by
To replace the previous version of the bill with one that is specifically tailored to authorize local property tax abatements by communities with Federal Mogul corporation, in conjunction with Senate Bill 824, which authorizes MEGA single business tax credits for the firm. The previous purpose of the bill, to provide subsidies to Pfizer Corporation, was accomplished by 2003 Senate Bill 540.
The substitute passed by voice vote
Passed in the Senate 38 to 0 (details)
