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2005 Senate Bill 34: Authorize “corridor improvement” taxing authorities

Public Act 280 of 2005

Introduced by Sen. Gilda Jacobs (D) on January 25, 2005 To authorize the creation of local corridor improvement authorities that could levy special assessments (property taxes), borrow, or use tax increment financing to pay for economic development and improvement projects in a commercial district along a road classified as an arterial or collector road.   Official Text and Analysis.
Referred to the Senate Economic Development, Small Business and Regulatory Reform Committee on January 25, 2005
Reported in the Senate on June 28, 2005 With the recommendation that the substitute (S-4) be adopted and that the bill then pass.
Substitute offered in the Senate on June 29, 2005 To replace the previous version of the bill with one that revises details of the application process.
The substitute passed by voice vote in the Senate on June 29, 2005
Passed 32 to 3 in the Senate on June 30, 2005 (same description)
To authorize the creation of local corridor improvement authorities that could levy special assessments (property taxes), borrow, or use tax increment financing to pay for economic development and improvement projects in a commercial district along a road classified as an arterial or collector road.
Received in the House on June 30, 2005
Referred to the House Commerce Committee on June 30, 2005
Reported in the House on November 8, 2005 With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Substitute offered in the House on November 29, 2005 To replace the previous version of the bill with one that revises details but does not change the substance of the bill as previously described.
The substitute passed by voice vote in the House on November 29, 2005
Passed 98 to 8 in the House on November 30, 2005 (same description)
To authorize the creation of local corridor improvement authorities that could levy special assessments (property taxes), borrow, or use tax increment financing to pay for economic development and improvement projects in a commercial district along a road classified as an arterial or collector road.
Received in the Senate on December 1, 2005
Passed 36 to 0 in the Senate on December 6, 2005 To concur with the House-passed version of the bill.
Signed by Gov. Jennifer Granholm on December 19, 2005

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