Public Act 275 of 2010

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• 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.
  • 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 This version was subsequently superseded by another substitute with more changes.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.
  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.
  • 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").
  Who Voted "Yes" and Who Voted "No"
• Received in the House on December 3, 2010.
• Passed 84 to 11 in the House 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").
  Who Voted "Yes" and Who Voted "No"
• Signed by Gov. Jennifer Granholm on December 15, 2010.