2009 House Bill 5350

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Introduced in the House

Sept. 10, 2009

Introduced by Rep. Marc Corriveau (D-20)

To give the new type of targeted tax break authorizing entity proposed by House Bill 5346, “next Michigan development corporations,” the power to grant particular firms exemptions to the property tax on business tools and equipment (“personal property tax”).

Referred to the Committee on Transportation

Nov. 5, 2009

Reported without amendment

With the recommendation that the substitute (H-1) be adopted and that the bill then pass.

Dec. 10, 2009

Substitute offered

To replace the previous version of the bill with one that revises various details, but does not change its substance. This version was subsequently superseded by another substitute with more changes.

The substitute failed by voice vote

Substitute offered by Rep. Pam Byrnes (D-52)

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 House 87 to 21 (details)

To give the new type of targeted tax break and subsidy-authorizing entity proposed by House Bill 5346, “next Michigan development corporations,” the power to grant particular firms exemptions to the property tax on business tools and equipment (“personal property tax”).

Received in the Senate

Jan. 13, 2010

Referred to the Committee on Commerce and Tourism