2005 House Bill 4734 / 2006 Public Act 112

Require expedited brownfield tax breaks for certain projects

Introduced in the House

May 4, 2005

Introduced by Rep. Kevin Elsenheimer (R-105)

To require expedited processing of MEGA tax credits for certain projects under $2 million in size where the total credits are less than $200,000.

Referred to the Committee on Commerce

June 14, 2005

Reported without amendment

With the recommendation that the substitute (H-2) be adopted and that the bill then pass.

June 29, 2005

Substitute offered

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

Substitute offered by Rep. Kevin Elsenheimer (R-105)

To replace the previous version of the bill with one that expands the number of communities that would qualify for the tax breaks, and makes the tax credits "assignable," meaning they can be sold.

The substitute passed by voice vote

Passed in the House 107 to 0 (details)

Received in the Senate

June 30, 2005

Referred to the Committee on Economic Development, Small Business, and Regulatory Reform

Nov. 22, 2005

Reported without amendment

With the recommendation that the substitute (S-3) be adopted and that the bill then pass.

Jan. 24, 2006

Substitute offered

To make possible MEGA tax credits for a particular brownfields plant that is not necessarily contaminated but is functionally obsolete or blighted.

The substitute passed by voice vote

Jan. 25, 2006

Substitute offered by Sen. Jason Allen (R-37)

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

Passed in the Senate 37 to 0 (details)

To require expedited processing of MEGA tax credits for certain projects under $2 million in size where the total credits are less than $200,000.

Received in the House

Jan. 25, 2006

March 21, 2006

Passed in the House 104 to 0 (details)

To concur with the Senate-passed version of the bill.

Signed by Gov. Jennifer Granholm

April 7, 2006