2009 Senate Bill 358 / Public Act 161

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Introduced in the Senate

March 11, 2009

Introduced by Sen. Roger Kahn (R-32)

To authorize the creation of two additional “certified technology parks” ("smart zones") in which “tax increment financing” is used to provide infrastructure or other subsidies to technology-based businesses. These authorities "capture" the extra local property tax revenue that (hopefully) results from property value growth generated by certain improvement projects (or selective business subsidies) the authority undertakes (or grants).

Referred to the Committee on Economic Development and Regulatory Reform

May 7, 2009

Reported without amendment

With the recommendation that the bill pass.

May 14, 2009

Passed in the Senate 37 to 0 (details)

Received in the House

May 14, 2009

Referred to the Committee on Commerce

Nov. 4, 2009

Reported without amendment

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

Nov. 12, 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 This version was subsequently superseded by another substitute with more changes.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. Robert Jones (D-60)

To replace the previous version of the bill with one that divides its provisions between it and HB 5456, which is the House version of the same bill. The substitute revises various details of the original but does not change its substance as previously described.

The substitute passed by voice vote

Amendment offered by Rep. Tom McMillin (R-45)

To tie-bar the bill to Senate Bill 945, meaning this bill cannot become law unless that one does also. SB 945 would authorize the creation of local “right to work zones,” where employers to join or financially support a union as a condition of employment.

The amendment failed by voice vote

Passed in the House 77 to 22 (details)

To authorize the creation of two additional “certified technology parks” ("smart zones") in which “tax increment financing” is used to provide infrastructure or other subsidies to technology-based businesses. These authorities "capture" the extra local property tax revenue that (hopefully) results from property value growth generated by certain improvement projects (or selective business subsidies) the authority undertakes (or grants).

Received in the Senate

Dec. 1, 2009

Passed in the Senate 35 to 0 (details)

To concur with the House-passed version of the bill.

Signed by Gov. Jennifer Granholm

Dec. 11, 2009