Introduced
by
To revise the 2003 “<a href="http://www.michiganvotes.org/2003-HB-4483">Redevelopment Fast Track Authority</a>” law to allow the merger of the Wayne County and Detroit authorities, and along with other bills in the package greatly expand the scope of activities this entity could undertake, and establish that property sold by this particular authority would be granted a 50 percent property tax break for eight years (rather than five years for other authorities).
Referred to the Committee on Commerce and Tourism
Reported without amendment
With the recommendation that the bill pass.
Passed in the Senate 35 to 1 (details)
To revise the 2003 “<a href="http://www.michiganvotes.org/2003-HB-4483">Redevelopment Fast Track Authority</a>” law to allow the merger of the Wayne County and Detroit authorities, and along with other bills in the package establish that property sold by this particular authority would be granted a 50 percent property tax break for eight years (rather than five years for other authorities).
Referred to the Committee on Commerce