2009 House Bill 5567 ↩

Senate Roll Call 54: Passed

To extend "Neighborhood Enterprise Zone" property tax breaks to the University Park Estates subdivision in Flint, which is less than 10 years old, and is in a "renaissance zone" whose tax-exempt status is expiring soon. Under current law, these particular NEZ tax breaks are for subdivisions built before 1968. They cut the owner's local property tax liability on the structure in half.