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Economic Development

2010 Senate Bill 1324 / Public Act 153

Establish criteria for "stimulus" act government debt subsidies

Introduced by Sen. Tony Stamas (R-36) on May 12, 2010
Passed 35 to 3 in the Senate on July 1, 2010
Passed 76 to 29 in the House on Aug. 18, 2010
Passed 32 to 2 in the Senate on Aug. 19, 2010
Signed by Gov. Jennifer Granholm on Aug. 23, 2010

2010 House Bill 6203 / Public Act 137

Extend "Obsolete Property Rehabilitation" property tax breaks to particular property

Introduced by Rep. Ed Clemente (D-14) on May 21, 2010
Passed 91 to 15 in the House on June 9, 2010
Passed 33 to 0 in the Senate on July 21, 2010
Signed by Gov. Jennifer Granholm on Aug. 3, 2010

2009 House Bill 4986 / 2010 Public Act 136

Authorize enterprise zone deadline exception

Introduced by Rep. Coleman Young II (D-4) on May 26, 2009
Passed 74 to 33 in the House on March 10, 2010
Passed 37 to 0 in the Senate on June 29, 2010
Passed 71 to 33 in the House on July 21, 2010
Signed by Gov. Jennifer Granholm on Aug. 3, 2010

2010 Senate Bill 1139 / Public Act 127

Revise certain tax increment finance details

Introduced by Sen. Mike Nofs (R-19) on Feb. 23, 2010
Passed 37 to 0 in the Senate on March 11, 2010
Passed 89 to 17 in the House on July 1, 2010
Signed by Gov. Jennifer Granholm on July 19, 2010

2009 Senate Bill 500 / 2010 Public Act 122

Authorize Industrial Plant “Rehabilitation” tax break for existing facility

Introduced by Sen. Tony Stamas (R-36) on April 30, 2009
Passed 33 to 1 in the Senate on Nov. 5, 2009
Passed 90 to 16 in the House on July 1, 2010
Passed 36 to 1 in the Senate on July 1, 2010
Signed by Gov. Jennifer Granholm on July 19, 2010

2010 House Bill 6243

Expand DDA powers to areas with state university facility

Introduced by Rep. Ed Clemente (D-14) on June 8, 2010
Passed 76 to 30 in the House on July 1, 2010

2010 House Bill 6129

Revise brownfield TIFA detail

Introduced by Rep. Roy Schmidt (D-76) on May 5, 2010
Passed 85 to 21 in the House on June 9, 2010

2010 Senate Bill 1251

Extend certain convention center tax breaks

Introduced by Sen. Alan Sanborn (R-11) on April 14, 2010
Passed 35 to 1 in the Senate on June 8, 2010

2009 Senate Bill 1017

Revise “land bank” law

Introduced by Sen. Tom George (R-20) on Dec. 10, 2009
Passed 35 to 1 in the Senate on June 8, 2010

2009 Senate Bill 979

Expand scope of “Redevelopment Fast Track Authority” activities

Introduced by Sen. Tom George (R-20) on Nov. 5, 2009
Passed 34 to 2 in the Senate on June 8, 2010

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