Introduced
by
To authorize targeted “personal property tax” breaks (the tax on business tools and equipment) for firms selected by government planners on property that is used for “major distribution and logistics facilities,” headquarters facilities, “competitive edge technology businesses,” information technology facilities, or facilities that have been selected by other government planners to receive certain Michigan Economic Growth Authority tax breaks.
Referred to the Committee on New Economy and Quality of Life
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Passed in the House 107 to 0 (details)
Referred to the Committee on Economic Development and Regulatory Reform
Reported without amendment
With the recommendation that the substitute (S-2) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one that more narrowly expands the eligibility requirements for these selective tax breaks.
The substitute passed by voice vote
Passed in the Senate 33 to 1 (details)
To expand the authority of local governments to grant selective “personal property tax” breaks (the tax on business tools and equipment) for particular firms to an additional narrow class of businesses defined in the bill.
To concur with the Senate-passed version of the bill, which more narrowly expands the eligibility requirements for these selective tax breaks.
Passed in the House 101 to 0 (details)
