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2009 House Bill 5346: Authorize "aerotropolis" corporate tax breaks and subsidies

Public Act 275 of 2010

Introduced by Rep. Douglas Geiss (D) on September 10, 2009 To create a new type of targeted tax break authorizing entities called “next Michigan development corporations,” which would empower certain government officials and appointees to grant select businesses the extensive tax breaks and exemptions of “renaissance zones,” in addition to targeted tax breaks authorized by other “economic development” programs.   Official Text and Analysis.
Referred to the House Transportation Committee on September 10, 2009
Reported in the House on November 5, 2009 With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Substitute offered in the House on December 9, 2009 To replace the previous version of the bill with one that revises various details, but does not change its substance. This version was subsequently superseded by another substitute with more changes.
The substitute failed by voice vote in the House on December 9, 2009
Substitute offered by Rep. Pam Byrnes (D) on December 9, 2009 To replace the previous version of the bill with one that allows the recipient of a tax break under the bill who does not have any tax liability to "sell" the credit to another taxpayer who does owe taxes. This in effect converts this from a tax break to a subsidy program.
The substitute passed by voice vote in the House on December 9, 2009
Amendment offered by Rep. Paul Opsommer (R) on December 9, 2009 To establish that while tax breaks granted under the bill could be "sold" to another taxpayer, they could not be used to offse property taxes.
The amendment passed by voice vote in the House on December 9, 2009
Amendment offered by Rep. Tom McMillin (R) on December 9, 2009 To tie-bar the bill to Senate Bill 945, meaning this bill cannot become law unless that one does also. SB 945 would authorize the creation of local “right to work zones,” where employers to join or financially support a union as a condition of employment.
The amendment failed by voice vote in the House on December 9, 2009
Passed 87 to 21 in the House on December 9, 2009 To create a new type of targeted tax break and subsidy authorizing entity called “next Michigan development corporations,” which would empower certain government officials and appointees to grant select businesses the extensive tax breaks and exemptions of “renaissance zones,” in addition to targeted tax breaks authorized by other “economic development” programs. The bill would allow the recipient of a tax break who does not have any tax liability to "sell" the credit to another taxpayer who does owe taxes, in effect making it a subsidy.
Received in the Senate on January 13, 2010
Referred to the Senate Commerce & Tourism Committee on January 13, 2010
Substitute offered in the Senate on December 3, 2010 To replace the previous version of the bill with one that caps the number of selective corporate tax break and subsidy recipients in each zone at 25, and the number of zones at five.
The substitute passed by voice vote in the Senate on December 3, 2010
Passed 30 to 3 in the Senate on December 3, 2010 To create five new corporate tax break and subsidy-granting entities called “next Michigan development corporations,” which would give government officials and appointees the power to grant a broad array of tax breaks, exemptions and subsidies to 25 businesses they select in an area near an airport, railroad or waterway. This is mostly about subsidizing businesses near Willow Run and Detroit Metro airports in Wayne County (the "aerotropolis").
Received in the House on December 3, 2010
Passed 84 to 11 in the House on December 3, 2010 (same description)
To create five new corporate tax break and subsidy-granting entities called “next Michigan development corporations,” which would give government officials and appointees the power to grant a broad array of tax breaks, exemptions and subsidies to 25 businesses they select in an area near an airport, railroad or waterway. This is mostly about subsidizing businesses near Willow Run and Detroit Metro airports in Wayne County (the "aerotropolis").
Signed by Gov. Jennifer Granholm on December 15, 2010

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