Introduced
by
To expand the law that allows local taxing bodies in certain “distressed areas” to exempt from property tax new business tools and equipment (“personal property”) acquired by certain kinds of businesses. The bill would also allow all cities, villages or townships on the state border to also provide these tax breaks.
Referred to the Committee on Finance
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 revises details but does not change the substance of the bill as previously described.
The substitute passed by voice vote
Passed in the Senate 27 to 9 (details)
Referred to the Committee on Tax Policy
Reported without amendment
With the recommendation that the substitute (H-3) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one that revises details of which border communities could offer these tax breaks.
The substitute passed by voice vote
Amendment offered
by
To limit the border-community tax breaks to municipalities that offer urban services.
The amendment passed 56 to 37 (details)
Passed in the House 68 to 26 (details)
To expand the law that allows local taxing bodies in certain “distressed areas” to exempt from property tax new business tools and equipment (“personal property”) acquired by certain kinds of businesses. The bill would also allow certain cities, villages or townships on the state border to also provide these tax breaks.
To concur with the House-passed version of the bill.
Passed in the Senate 31 to 0 (details)