Introduced
by
To revise the “local development financing act” to accommodate the new type of entities proposed by Senate Bill 1083, “next Michigan development corporations," which empower certain government officials and appointees to grant extensive tax breaks and subsidies to select businesses near airports, particularly Willow Run and Detroit Metro airports in Wayne County (the "aerotropolis").
Referred to the Committee on Commerce and Tourism
Reported without amendment
With the recommendation that the bill pass.
Amendment offered
To tie-bar the bill to House Bill 5349, meaning this bill cannot become law unless that one does also. HB 5349 would allow “renaissance zones” tax breaks for the same kinds of projects.
The amendment passed by voice vote
Passed in the Senate 30 to 7 (details)
Referred to the Committee on New Economy and Quality of Life
Substitute offered
by
To correct mistaken text in the bill.
The substitute passed by voice vote
Passed in the House 76 to 16 (details)
To revise the “local development financing act” to accommodate the new type of entities proposed by Senate Bill 1083, “next Michigan development corporations," which empower certain government officials and appointees to grant extensive tax breaks and subsidies to select businesses near airports, particularly Willow Run and Detroit Metro airports in Wayne County (the "aerotropolis").
Passed in the Senate 32 to 3 (details)
To concur with the House-passed version of the bill.
