An act to amend 2007 PA 36, entitled “An act to meet deficiencies in state funds by providing for the imposition, levy, computation, collection, assessment, reporting, payment, and enforcement of taxes on certain commercial, business, and financial activities; to prescribe the powers and duties of public officers and state departments; to provide for the inspection of certain taxpayer records; to provide for interest and penalties; to provide exemptions, credits, and refunds; to provide for the disposition of funds; to provide for the interrelation of this act with other acts; and to make appropriations,” by amending section 437 (MCL 208.1437), as amended by 2021 PA 93; and to repeal acts and parts of acts.
House Bill 4829 amends the of the Michigan Business Tax Act, which deals with brownfield tax credits, to extend the time within which a development project in Detroit can be completed and still be eligible, without penalty, for preapproved brownfield tax credits.
Introduced
by
Referred to the Committee on Tax Policy
Reported without amendment
Substitute H-4 offered
by
The substitute passed by voice vote
Passed in the House 74 to 33 (details)
Motion to give immediate effect
by
The motion prevailed by voice vote
Referred to the Committee of the Whole
Reported without amendment
Passed in the Senate 29 to 9 (details)
Motion to give immediate effect
by
The motion prevailed by voice vote
