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Economic Development

2005 Senate Joint Resolution E

Ban taking private property for private use without compensation

Introduced by Sen. Tony Stamas (R-36) on Aug. 31, 2005
Passed 35 to 3 in the Senate on Nov. 9, 2005
Passed 106 to 0 in the House on Dec. 13, 2005
Passed 31 to 6 in the Senate on Dec. 13, 2005

2005 Senate Bill 935

Revise MEGA tax breaks

Introduced by Sen. Wayne Kuipers (R-30) on Dec. 13, 2005

2005 House Bill 5050 / Public Act 251

Tax break for Atlas Technologies property in Fenton

Introduced by Rep. David Robertson (R-51) on July 13, 2005
Passed 107 to 0 in the House on Sept. 20, 2005
Passed 38 to 0 in the Senate on Nov. 10, 2005
Passed 106 to 0 in the House on Nov. 10, 2005
Signed by Gov. Jennifer Granholm on Dec. 1, 2005

2005 Senate Bill 901

Expand Neighborhood Enterprise Zone tax breaks

Introduced by Sen. Cameron Brown (R-16) on Nov. 29, 2005

2005 Senate Bill 533 / Public Act 215

Borrow $1 billion for “competitive edge technology” spending

Introduced by Sen. Valde Garcia (R-22) on May 24, 2005
Passed 31 to 7 in the Senate on June 9, 2005
Passed 100 to 1 in the House on Sept. 28, 2005
Passed 34 to 4 in the Senate on Oct. 19, 2005
Passed 92 to 13 in the House on Nov. 10, 2005
Passed 35 to 3 in the Senate on Nov. 10, 2005
Signed by Gov. Jennifer Granholm on Nov. 21, 2005

2005 Senate Bill 521 / Public Act 214

Tax break for “seed capital” investments

Introduced by Sen. Mike Bishop (R-12) on May 19, 2005
Passed 35 to 3 in the Senate on May 25, 2005
Passed 104 to 0 in the House on Sept. 28, 2005
Passed 34 to 4 in the Senate on Oct. 19, 2005
Passed 106 to 0 in the House on Nov. 10, 2005
Signed by Gov. Jennifer Granholm on Nov. 21, 2005

2005 Senate Bill 359 / Public Act 213

Authorize "Michigan Life Science Pipeline" business subsidies

Introduced by Sen. Valde Garcia (R-22) on March 24, 2005
Passed 37 to 0 in the Senate on May 12, 2005
Passed 103 to 1 in the House on Sept. 28, 2005
Passed 34 to 4 in the Senate on Oct. 19, 2005
Passed 104 to 1 in the House on Nov. 10, 2005
Signed by Gov. Jennifer Granholm on Nov. 21, 2005

2005 House Bill 5216 / Public Act 234

Revise “early stage venture capital investment” tax breaks

Introduced by Rep. David Law (R-39) on Sept. 22, 2005
Passed 104 to 0 in the House on Sept. 28, 2005
Passed 34 to 4 in the Senate on Oct. 19, 2005
Passed 104 to 0 in the House on Nov. 10, 2005
Signed by Gov. Jennifer Granholm on Nov. 21, 2005

2005 House Bill 5215 / Public Act 233

Revise “early stage venture capital investment” tax breaks

Introduced by Rep. Dave Hildenbrand (R-86) on Sept. 22, 2005
Passed 104 to 0 in the House on Sept. 28, 2005
Passed 34 to 4 in the Senate on Oct. 19, 2005
Passed 104 to 0 in the House on Nov. 10, 2005
Signed by Gov. Jennifer Granholm on Nov. 21, 2005

2005 House Bill 5047 / Public Act 225

Create "21st Century Jobs Fund"

Introduced by Rep. Bill Huizenga (R-90) on July 6, 2005
Passed 103 to 1 in the House on Sept. 28, 2005
Passed 34 to 4 in the Senate on Oct. 19, 2005
Passed 92 to 13 in the House on Nov. 10, 2005
Passed 35 to 3 in the Senate on Nov. 10, 2005
Signed with line-item veto by Gov. Jennifer Granholm on Nov. 21, 2005

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