2005 House Bill 4411

Tax break for arts building donation

Introduced in the House

Feb. 24, 2005

Introduced by Rep. Glenn Steil (R-72)

To authorize a Single Business Tax credit equal to 50 percent of the amount a firm donates in a tax year to a nonprofit organization for constructing an arts building. See also House Bill 4410. The City of Grand Rapids wants to build a new art museum using such tax breaks, and these bills would also allow tax breaks for museums in other cities.

Referred to the Committee on Tax Policy