2003 Senate Bill 825

Public Act 266 of 2003

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• Introduced by Sen. Jason Allen on November 4, 2003, to authorize the Michigan Economic Development Corporation to designate up to 20 tool and die recovery zones, which could essentially be the premises of selected existing tool and die businesses. Firms in a "zone" would be exempt from the Single Business Tax (SBT), the personal income tax, the six-mill state education tax, local personal and real property taxes, local income taxes, and the utility users tax. These advantages would be available to small tool and die businesses (50 employees or less) which have entered into a tool and die collaboration agreement as determined by the Michigan Strategic Fund.
  • Referred to the Senate Commerce and Labor Committee on November 4, 2003.
    • Reported in the Senate on November 13, 2003, with the recommendation that the bill pass.
  • Substitute offered in the Senate on November 13, 2003, amended the bill to define the "tool and die collaboration agreement" firms would be required to enter to become beneficiaries of the proposed tax advantages as "an agreement that demonstrates synergistic opportunities, including, sales and marketing efforts; development of standardized processes; development of tooling standards; standardized project management methods; improved ability for specialized or small niche shops to develop expertise and compete successfully on larger programs". The substitute passed in the Senate by voice vote on November 13, 2003.
• Passed in the Senate (38 to 0) on November 13, 2003, to authorize the Michigan Economic Development Corporation to designate up to 20 tool and die recovery zones, which could essentially be the premises of selected existing tool and die businesses. Firms in a "zone" would be exempt from the Single Business Tax (SBT), the personal income tax, the six-mill state education tax, local personal and real property taxes, local income taxes, and the utility users tax. These advantages would be available to small tool and die businesses (50 employees or less) which have entered into a tool and die collaboration agreement as defined in the bill (see substitute). [Vote Details and Comments]
• Received in the House on December 2, 2003.
  • Referred to the House Commerce Committee on December 2, 2003.
    • Reported in the House on December 9, 2003, without amendment and with the recommendation that the bill pass.
  • Substitute offered by Rep. Clark Bisbee on December 10, 2003, to replace the previous version of the bill with one which incorporates technical changes that do not affect the substance of the bill as previously described. The substitute passed in the House by voice vote on December 10, 2003.
• Passed in the House (98 to 8) on December 10, 2003, to authorize the Michigan Economic Development Corporation to designate up to 20 tool and die recovery zones, which could essentially be the premises of selected existing tool and die businesses. Firms in a "zone" would be exempt from the Single Business Tax (SBT), the personal income tax, the six-mill state education tax, local personal and real property taxes, local income taxes, and the utility users tax. These advantages would be available to small tool and die businesses (50 employees or less) which have entered into a tool and die collaboration agreement as determined by the Michigan Strategic Fund. [Vote Details and Comments]
• Received in the Senate on December 17, 2003.
  • Substitute offered by Sen. Jason Allen on December 17, 2003, to replace the previous version of the bill with one which also extends the proposed tax breaks to selected makers of office and store fixtures, shelving, lockers, frames, partitions, and related products. The substitute passed in the Senate by voice vote on December 17, 2003.
• Passed in the Senate (38 to 0) on December 17, 2003, to concur with the House-passed version of the bill, amended to include extend the proposed tax breaks to selected makers of office and store fixtures, shelving, lockers, frames, partitions, and related products. [Vote Details and Comments]
• Received in the House on December 17, 2003.
• Passed in the House (100 to 9) on December 18, 2003, to concur with the second Senate-passed version of the bill, which also extends the proposed tax breaks to selected makers of office and store fixtures, shelving, lockers, frames, partitions, and related products. [Vote Details and Comments]
• Signed by Gov. Jennifer Granholm on January 5, 2004.

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Introduced by Sen. Jason Allen on November 4, 2003. Passed in the Senate (38 to 0) on November 13, 2003. New Comment