Introduced
by
To authorize a refundable Single Business Tax credit equal to 25% of the amount a firm donates in a tax year to a nonprofit organization for constructing an arts building. See also House Bills 5810, 5811, and 6068. The City of Grand Rapids wants to build a new art museum using such tax breaks, and these bills would also allow tax breaks for museums in other cities.
Referred to the Committee on Tax Policy
Reported without amendment
With the recommendation that the substitute (H-2) be adopted and that the bill then pass.
Substitute offered
The substitute passed by voice vote
