To revise the law authorizing tax breaks on certain industrial facilities so it reflects provisions of the "Michigan Business Tax" proposal described in <a href="http://www.michiganvotes.org/2007-SB-94">Senate Bill 94</a> to replace the revenue from the repealed Single Business Tax. This bill applies the personal property tax exemptions contained in the new tax to the lower tax rate levied under the “plant rehabilitation” tax break law.
36 Yeas / 0 Nays | |
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Republican (19 Yeas / 0 Nays) | |
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Democrat (17 Yeas / 0 Nays) | |
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Excused or Not Voting (2) | |
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