A bill to amend 1974 PA 198, entitled “An act to provide for the establishment of plant rehabilitation districts and industrial development districts in local governmental units; to provide for the exemption from certain taxes; to levy and collect a specific tax upon the owners of certain facilities; to impose and provide for the disposition of an administrative fee; to provide for the disposition of the tax; to provide for the obtaining and transferring of an exemption certificate and to prescribe the contents of those certificates; to prescribe the powers and duties of the state tax commission and certain officers of local governmental units; and to provide penalties,” by amending section 3 (MCL 207.553), as amended by 2010 PA 122.
Senate Bills 536 and 537 would amend the plant rehabilitation and industrial development Act to modify the definitions of "speculative building" and "qualified commercial activity", respectively, and effectively expand eligibility for an industrial facilities exemption certificate provided under the Act.
Introduced
by
Referred to the Committee on Economic and Community Development
Reported without amendment
Referred to the Committee of the Whole
Reported without amendment
Passed in the Senate 27 to 11 (details)
Referred to the Committee on Economic Development and Small Business
