2007 House Bill 5540

Senate Roll Call 356: Passed

To require the state to reimburse a local development tax increment financing authority for a reduction of “captured” school tax revenue due to various business personal property tax credits created under the new Michigan Business Tax.

38 Yeas / 0 Nays
Republican (21 Yeas / 0 Nays)
Democrat (17 Yeas / 0 Nays)