Public Act 495 of 2008

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• Introduced by Sen. Jason Allen (R) on September 10, 2008, to increase by one the number of renaissance zones (and associated tax breaks) authorized in the state, and also allow two additional renaissance zones for renewable energy facilities.
  • Referred to the Senate Commerce & Tourism Committee on September 10, 2008.
    • Reported in the Senate on December 3, 2008, with the recommendation that the substitute (S-1) be adopted and that the bill then pass.
    • Substitute offered in the Senate on December 4, 2008, to replace the previous version of the bill with one that increases the maximum number of "tool and die renaissance recovery zones". The substitute passed by voice vote in the Senate on December 4, 2008.
• Passed 37 to 0 in the Senate on December 4, 2008, to increase from 25 to 35 the maximum number of tool and die renaissance recovery zones, which allow generous tax breaks for these types of firms. Also to reduce certain eligibility thresholds for these tool and die tax breaks, and eliminate a tax-break phaseout provision.
  Who Voted "Yes" and Who Voted "No"
• Received in the House on December 4, 2008.
  • Referred to the House Judiciary Committee on December 4, 2008.
    • Reported in the House on December 10, 2008, without amendment and with the recommendation that the bill pass.
    • Substitute offered by Rep. Tonya Schuitmaker (R) on December 11, 2008, to replace the previous version of the bill with one that removes the elimination of a phaseout provision for these tool and die tax breaks. The substitute passed by voice vote in the House on December 11, 2008.
• Passed 100 to 0 in the House on December 11, 2008, to increase from 25 to 35 the maximum number of tool and die renaissance recovery zones, which allow generous tax breaks for these types of firms. Also to reduce certain eligibility thresholds for these tool and die tax breaks.
  Who Voted "Yes" and Who Voted "No"
• Received in the Senate on December 18, 2008.
• Passed 37 to 1 in the Senate on December 18, 2008, to concur with the House-passed version of the bill.
  Who Voted "Yes" and Who Voted "No"
• Signed by Gov. Jennifer Granholm on January 12, 2009.