2006 House Bill 6043 / Public Act 554

Expand obsolete mall tax breaks to residential projects

Introduced in the House

May 9, 2006

Introduced by Rep. John Pastor (R-19)

To expand the property tax breaks authorized under the <a href="http://www.michiganvotes.org/2005-HB-4369">Commercial Redevelopment Act of 2005</a> to residential projects, and loosen other eligibility requirements. That Act was passed with obsolete shopping malls in mind (in particular the Summit Place Mall in Oakland County) and allowed them to be renovated without increasing their property taxes.

Referred to the Committee on Commerce

June 27, 2006

Reported without amendment

With the recommendation that the substitute (H-1) be adopted and that the bill then pass.

June 29, 2006

Substitute offered

To replace the previous version of the bill with one that revises various details, but does not change its substance. This version was subsequently superceded by another substitute with more changes.

The substitute failed by voice vote

Substitute offered by Rep. John Pastor (R-19)

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

Amendment offered by Rep. John Pastor (R-19)

To clarify that one of the tax breaks allowed under the bill is only allowed of the project has also been granted certain federal tax breaks.

The amendment passed by voice vote

Passed in the House 105 to 0 (details)

Received in the Senate

July 26, 2006

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

Nov. 30, 2006

Reported without amendment

With the recommendation that the bill pass.

Dec. 12, 2006

Passed in the Senate 37 to 1 (details)

To expand the property tax breaks authorized under the <a href="http://www.michiganvotes.org/2005-HB-4369">Commercial Redevelopment Act of 2005</a> to residential projects, and loosen other eligibility requirements. That Act was passed with obsolete shopping malls in mind (in particular the Summit Place Mall in Oakland County) and allowed them to be renovated without increasing their property taxes.

Signed by Gov. Jennifer Granholm

Dec. 28, 2006