Introduced
by
To increase from 20 to 35 the number of “Tool and Die Renaissance Recovery Zones” authorized by <a href="http://www.michiganvotes.org/2003-HB-5243">Public Act 202 of 2004</a>, which as written defined such a “zone” as the premises of at least one selected existing tool and die business, and exempted a firm or firms in the zone from the Single Business Tax (SBT), personal income tax, six-mill state education tax, local personal and real property taxes, local income taxes and the utility users tax. See also House Bill 4813, which requires these zones to include at least four firms.
Referred to the Committee on Commerce
