2005 Senate Bill 922 ↩

House Roll Call 317: Passed

To revise the renaissance zone law in a way that extends that law's tax breaks to specific facilities in Benton Harbor, Grand Rapids, Carson City, Greenville, Midland, Gaylord, Walker, and the former Ford plant in Wixom. Also, to revise the definition of "eligible pharmaceutical company" so that Pfizer would still be eligible for certain tax breaks despite the fact that its employment level in the state has fallen below a certain threshold specified in the law. A renaissance zone is exempt from local property taxes and the six-mill State Education Tax. Individuals and businesses that reside in such zones are exempt from local property taxes, the six-mill state education tax, the state income tax and the Single Business Tax.