A bill to amend 2007 PA 36, entitled “Michigan business tax act,” by amending section 433 (MCL 208.1433), as amended by 2014 PA 282.
The bill amends the Michigan Business Tax Act to provide tax credits for businesses in renaissance zones, with specific conditions and prohibitions, and allows for early termination of credits through agreements with the Michigan Strategic Fund.
Introduced
by
Referred to the Committee on Tax Policy
Reported without amendment
Passed in the House 56 to 0 (details)
Motion to give immediate effect
by
The motion prevailed by voice vote
Referred to the Committee on Government Operations