2008 House Bill 5896 (Authorize tool and equipment property tax breaks for more business types )

Legislation watch

Public Act 285 of 2008

[Comments on this legislation] [Post new comment] [Text and Analysis] [Add to Watch List]
[Previous] [Next]

Introduced by Rep. Ed Clemente (D) on March 13, 2008, to authorize targeted “personal property tax” breaks (the tax on business tools and equipment) for firms selected by government planners on property that is used for “major distribution and logistics facilities,” headquarters facilities, “competitive edge technology businesses,” information technology facilities, or facilities that have been selected by other government planners to receive certain Michigan Economic Growth Authority tax breaks.
- Referred to the House New Economy And Quality Of Life Committee on March 13, 2008.
  - Reported in the House on March 20, 2008, without amendment and with the recommendation that the bill pass.
Passed in the House (107 to 0) on April 9, 2008. [Vote Details and Comments]
Received in the Senate on April 15, 2008.
- Referred to the Senate Economic Development and Regulatory Reform Committee on April 15, 2008.
  - Reported in the Senate on September 25, 2008, with the recommendation that the substitute (S-2) be adopted and that the bill then pass.
- Substitute offered in the Senate on September 25, 2008, to replace the previous version of the bill with one that more narrowly expands the eligibility requirements for these selective tax breaks. The substitute passed in the Senate by voice vote on September 25, 2008.
Passed in the Senate (33 to 1) on September 25, 2008, to expand the authority of local governments to grant selective “personal property tax” breaks (the tax on business tools and equipment) for particular firms to an additional narrow class of businesses defined in the bill. [Vote Details and Comments]
Received in the House on September 25, 2008, to concur with the Senate-passed version of the bill, which more narrowly expands the eligibility requirements for these selective tax breaks. Passed in the House (101 to 0) on September 25, 2008. [Vote Details and Comments]
Signed by Gov. Jennifer Granholm on September 29, 2008.

Most Recent Comments

Add Comment

1) Any business is good business [by Anonymous Citizen on April 10, 2008]
Don't you think it is important to attract new growth and business in our State? At a time when our economy is tanking how can you sit there and blast a bill that promotes business! You clearly are just looking out for yourself and not the good of the State of Michigan. Thank goodness selfish people like yourself are not in Lansing or the State would be in real trouble.
Reply

Line

2) Looks like another WalMart break to me! [by Anonymous Citizen on March 22, 2008]
I'm all for supporting Michigan business, but this isnt it if you're targeting large logistics and distribution facilities for tax breaks. I've been in the transportation industry long enough to know that these'large logistics/distribution center' projects are invariably either a big-box distributor-which tends to put small business in the area OUT of business or a large trucking company that certainly wont increase jobs in the area. Waht you get with both is an influx of illegal workers and a loss of local business.

Lets stop with the 'business as usual' bull-puckey! How about giving ME a tax break instead of raising my taxes to cover the loss in revenue from the taxes you gave away! Michigan is being destroyed from within-in Lansing!
Reply

Line

3) 2008 House Bill 5896 (Authorize tool and equipment property tax breaks for more business types ) [by admin on January 1, 2001]
Introduced in the House on March 13, 2008, to authorize targeted “personal property tax” breaks (the tax on business tools and equipment) for firms selected by government planners on property that is used for “major distribution and logistics facilities,” headquarters facilities, “competitive edge technology businesses,” information technology facilities, or facilities that have been selected by other government planners to receive certain Michigan Economic Growth Authority tax breaks

The vote was 107 in favor, 0 opposed and 3 not voting

(House Roll Call 249 at House Journal 31)

Click here to view bill details.
Reply

Line

View Full Conversation