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Economic Development

2016 House Bill 5439 / Public Act 118

Revise renaissance zone tax breaks

Introduced by Rep. Michael Webber (R-45) on March 9, 2016
Passed 97 to 11 in the House on April 14, 2016
Passed 33 to 4 in the Senate on May 10, 2016
Signed by Gov. Rick Snyder on May 17, 2016

2016 House Bill 5527 / Public Act 110

Revise details of tax on business equipment (personal property tax)

Introduced by Rep. Jeff Farrington (R-30) on March 24, 2016
Passed 107 to 1 in the House on April 20, 2016
Passed 36 to 0 in the Senate on April 28, 2016
Signed by Gov. Rick Snyder on May 5, 2016

2015 House Bill 5163 / 2016 Public Act 116

Rearrange government “land bank” activities

Introduced by Rep. Kurt Heise (R-20) on Dec. 16, 2015
Passed 104 to 2 in the House on Feb. 10, 2016
Passed 36 to 0 in the Senate on April 27, 2016
Signed by Gov. Rick Snyder on May 10, 2016

2015 Senate Bill 579

Exempt new library taxes from brownfields “capture”

Introduced by Sen. David Robertson (R-14) on Oct. 27, 2015
Passed 37 to 1 in the Senate on March 16, 2016

2015 Senate Bill 200

Authorize state subsidies to brokers selling certain stock portfolios

Introduced by Sen. Darwin Booher (R-35) on March 12, 2015
Passed 33 to 5 in the Senate on Dec. 10, 2015

2015 Senate Bill 556 / Public Act 218

Extend “commercial rehabilitation” tax break law

Introduced by Sen. Ken Horn (R-32) on Oct. 6, 2015
Passed 38 to 0 in the Senate on Nov. 4, 2015
Passed 87 to 19 in the House on Dec. 2, 2015
Signed by Gov. Rick Snyder on Dec. 15, 2015

2015 House Bill 4196 / Public Act 193

Repeal government “venture capital investment” program

Introduced by Rep. Mike McCready (R-40) on Feb. 13, 2015
Passed 108 to 2 in the House on April 15, 2015
Passed 36 to 0 in the Senate on Oct. 29, 2015
Passed 102 to 5 in the House on Nov. 4, 2015
Signed by Gov. Rick Snyder on Nov. 16, 2015

2015 House Bill 4195 / Public Act 192

Limit some government “venture capital investment” spending

Introduced by Rep. Al Pscholka (R-79) on Feb. 13, 2015
Passed 107 to 3 in the House on April 15, 2015
Passed 36 to 0 in the Senate on Oct. 29, 2015
Passed 101 to 6 in the House on Nov. 4, 2015
Signed by Gov. Rick Snyder on Nov. 16, 2015

2015 House Bill 4365 / Public Act 194

Cap certain previously authorized corporate subsidies or tax breaks

Introduced by Rep. Brandt Iden (R-61) on March 19, 2015
Passed 108 to 2 in the House on April 15, 2015
Passed 36 to 0 in the Senate on Oct. 29, 2015
Signed by Gov. Rick Snyder on Nov. 16, 2015

2015 House Bill 4332 / Public Act 116

Increase municipal and school “emergency loan” funding

Introduced by Rep. Daniela Garcia (R-90) on March 10, 2015
Passed 105 to 4 in the House on April 23, 2015
Passed 28 to 7 in the Senate on June 30, 2015
Signed by Gov. Rick Snyder on July 7, 2015

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