Introduced
by
To authorize the expansion of certain “certified technology park” authorities, which are established by local governments and use tax increment financing to subsidize the creation of “clusters of new and emerging businesses primarily focused on commercializing ideas, patents, and other opportunities surrounding corporate, university or private research institute R&D efforts”.
Referred to the Committee on Economic Development and Regulatory Reform
Reported without amendment
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one that revises details but does not change the substance of the bill as previously described.
The substitute passed by voice vote
Passed in the Senate 38 to 0 (details)
To authorize the expansion of certain “certified technology park” authorities, which are established by local governments and use tax increment financing to subsidize the creation of these "smart parks," defined as “clusters of new and emerging businesses primarily focused on commercializing ideas, patents, and other opportunities surrounding corporate, university or private research institute R&D efforts.” Reportedly the bill involves a potential relationship between these "smart parks" in Wayne County and Blackman Township in Jackson County.
Referred to the Committee on Commerce
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Passed in the House 105 to 0 (details)
To authorize the expansion of certain “certified technology park” authorities, which are established by local governments and use tax increment financing to subsidize the creation of these "smart parks," defined as “clusters of new and emerging businesses primarily focused on commercializing ideas, patents, and other opportunities surrounding corporate, university or private research institute R&D efforts.” Reportedly the bill involves a potential relationship between these "smart parks" in Wayne County and Blackman Township in Jackson.
Passed in the Senate 37 to 0 (details)
