Introduced by Rep. Marc Corriveau (D) on September 10, 2009, to give the new type of targeted tax break authorizing entity proposed by House Bill 5346, “next Michigan development corporations,” the power to grant particular firms exemptions to the property tax on business tools and equipment (“personal property tax”).
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 10, 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 This version was subsequently superseded by another substitute with more changes.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 10, 2009.
Substitute offered by Rep. Pam Byrnes (D) on December 10, 2009, 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 December 10, 2009.
Passed 87 to 21 in the House on December 10, 2009, to give the new type of targeted tax break and subsidy-authorizing entity proposed by House Bill 5346, “next Michigan development corporations,” the power to grant particular firms exemptions to the property tax on business tools and equipment (“personal property tax”). Who Voted "Yes" and Who Voted "No"
Received in the Senate on January 13, 2010.
Referred to the Senate Commerce & Tourism Committee on January 13, 2010.