Introduced
by
To authorize the granting of an Industrial Plant Rehabilitation personal property tax break for a particular “existing facility.” Under current law such tax breaks may be granted to new and speculative buildings, and to replacement facilities.
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
Amendment offered
by
To revise details in the conditions that make the particular entity or property that is the subject of the bill eligible for these tax breaks.
The amendment passed by voice vote
Passed in the Senate 33 to 1 (details)
Referred to the Committee on Commerce
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 adds a provision benefiting a particular business owner in Auburn Hills.
The substitute passed by voice vote
Passed in the House 90 to 16 (details)
To authorize the granting of an Industrial Plant Rehabilitation personal property tax break for a particular “existing facility” in Otsego County. Under current law such tax breaks may be granted to new and speculative buildings, and to replacement facilities. The bill would also change the rules for transferring these tax breaks to a new owner, so as to benefit the owner of an industrial facility in Auburn Hills.
To concur with the House-passed version of the bill, which added a provision allowing tax breaks for a particular business owner in Auburn Hills.
Passed in the Senate 36 to 1 (details)
