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Economic Development

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

2005 Senate Bill 175

Tax break for certain warehouses

Introduced by Sen. Cameron Brown (R-16) on Feb. 9, 2005
Passed 25 to 12 in the Senate on May 12, 2005
Passed 60 to 48 in the House on Oct. 18, 2005
Passed 22 to 16 in the Senate on Oct. 26, 2005
Passed 60 to 48 in the House on Oct. 26, 2005
Vetoed by Gov. Jennifer Granholm on Nov. 17, 2005

2005 House Bill 4369 / Public Act 210

Tax breaks for certain older shopping malls

Introduced by Rep. Fran Amos (R-43) on Feb. 22, 2005
Passed 108 to 0 in the House on Oct. 5, 2005
Passed 38 to 0 in the Senate on Nov. 3, 2005
Signed by Gov. Jennifer Granholm on Nov. 17, 2005

2005 House Bill 5401

Expand Neighborhood Enterprise Zone tax breaks

Introduced by Rep. Bruce Caswell (R-58) on Nov. 3, 2005

2005 House Bill 4538

Expand Neighborhood Enterprise Zone tax breaks

Introduced by Rep. Bill McConico (D-5) on March 22, 2005
Passed 101 to 1 in the House on Nov. 3, 2005

2005 Senate Bill 798 / Public Act 185

Tax break for Hayes Lemmerz foundry in Cadillac

Introduced by Sen. Michelle McManus (R-35) on Oct. 5, 2005
Passed 38 to 0 in the Senate on Oct. 11, 2005
Passed 108 to 0 in the House on Oct. 18, 2005
Signed by Gov. Jennifer Granholm on Oct. 24, 2005

2005 House Bill 5330

Revise MEGA business tax break eligibility

Introduced by Rep. John Pastor (R-19) on Oct. 18, 2005

2005 House Bill 4916 / Public Act 164

Revise Renaissance Zone rental housing requirements

Introduced by Rep. Jerry Kooiman (R-75) on June 9, 2005
Passed 109 to 0 in the House on June 30, 2005
Passed 36 to 0 in the Senate on Sept. 22, 2005
Signed by Gov. Jennifer Granholm on Oct. 6, 2005

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