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Economic Development

2013 House Bill 4327 / Public Act 232

Allow "tax increment finance" scheme reset to make up for property value declines

Introduced by Rep. Jeff Farrington (R-30) on Feb. 26, 2013
Passed 86 to 21 in the House on Oct. 23, 2013
Passed 33 to 5 in the Senate on Dec. 12, 2013
Signed by Gov. Rick Snyder on Dec. 21, 2013

2013 Senate Bill 397 / Public Act 238

Expand a corporate/developer subsidy regime

Introduced by Sen. Tom Casperson (R-38) on May 29, 2013
Passed 33 to 4 in the Senate on Sept. 26, 2013
Passed 87 to 22 in the House on Dec. 11, 2013
Signed by Gov. Rick Snyder on Dec. 21, 2013

2013 Senate Bill 21

Revise DDA-subsidized "historic" building change procedures

Introduced by Sen. Hoon-Yung Hopgood (D-8) on Jan. 16, 2013
Passed 36 to 2 in the Senate on Nov. 12, 2013

2013 Senate Bill 580

Revise renaissance zone details

Introduced by Sen. Tom Casperson (R-38) on Oct. 2, 2013
Passed 31 to 6 in the Senate on Oct. 31, 2013

2013 House Bill 4259

Extend "Obsolete Property" tax break for particular developer

Introduced by Rep. Fred Durhal III (D-5) on Feb. 14, 2013
Passed 97 to 11 in the House on Oct. 22, 2013

2013 Senate Bill 227

Facilitate continued Detroit “neighborhood enterprise zone” tax breaks

Introduced by Sen. Virgil Smith (D-4) on Feb. 27, 2013
Passed 34 to 3 in the Senate on Sept. 25, 2013

2013 Senate Bill 257 / Public Act 126

Expand “Business Improvement Zone” tax-and-spend entities

Introduced by Sen. Mike Kowall (R-15) on March 12, 2013
Passed 35 to 2 in the Senate on April 11, 2013
Passed 77 to 31 in the House on Sept. 12, 2013
Passed 31 to 4 in the Senate on Sept. 18, 2013
Signed by Gov. Rick Snyder on Oct. 8, 2013

2013 House Bill 4541 / Public Act 115

Extend "Obsolete Property" tax break for particular developer

Introduced by Rep. Tim Kelly (R-94) on April 11, 2013
Passed 108 to 0 in the House on May 15, 2013
Passed 38 to 0 in the Senate on June 20, 2013
Passed 37 to 0 in the Senate on Aug. 27, 2013
Passed 107 to 1 in the House on Sept. 10, 2013
Signed by Gov. Rick Snyder on Sept. 24, 2013

2013 House Bill 4540 / Public Act 85

Grant industrial plant rehab tax break for particular developer

Introduced by Rep. Jim Stamas (R-98) on April 11, 2013
Passed 108 to 0 in the House on May 15, 2013
Passed 38 to 0 in the Senate on June 20, 2013
Passed 109 to 0 in the House on June 20, 2013
Signed by Gov. Rick Snyder on June 27, 2013

2013 House Bill 4462 / Public Act 68

Prohibit TIFA “capture” of Detroit Zoo or Arts tax money

Introduced by Rep. Jeff Farrington (R-30) on March 14, 2013
Passed 105 to 4 in the House on April 30, 2013
Passed 37 to 0 in the Senate on June 11, 2013
Passed 104 to 3 in the House on June 13, 2013
Signed by Gov. Rick Snyder on June 19, 2013

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