Introduced
by
To essentially back-date a tax break application benefitting the developer of a rehab project in Flint (the Ferris Wheel Building) under a “commercial rehabilitation” law, which authorizes "freezing" property tax assessments for redevelopment projects involving commercial property that are approved by local officials, even when neighboring property values rise.
Referred to the Committee on Commerce and Tourism
Reported without amendment
Referred to the committee on Ways and Means with the recommendation that the substitute (H-2) be adopted.
Referred to the Committee on Ways and Means
Reported without amendment
With the recommendation that the substitute (H-2) be adopted and that the bill then pass.
Passed in the House 102 to 4 (details)
Referred to the Committee on Economic and Small Business Development
Reported without amendment
With the recommendation that the bill pass.
Passed in the Senate 37 to 0 (details)
To essentially back-date a tax break application benefitting the developer of a rehab project in Flint (the Ferris Wheel Building) under a “commercial rehabilitation” law, which authorizes "freezing" property tax assessments for redevelopment projects involving commercial property that are approved by local officials, even when neighboring property values rise.