2008 House Bill 5666

Revise plant rehabilitation and industrial development district tax breaks

Introduced in the House

Jan. 24, 2008

Introduced by Rep. Robert Dean (D-75)

To extend the exemption from school taxes for industrial tools and equipment created by the <a href="http://www.michiganvotes.org/2007-HB-4369">Michigan Business Tax</a> to certain new facilities speculative buildings that are classified as industrial under the law that authorizes plant rehabilitation and industrial development district tax breaks.

Referred to the Committee on Tax Policy

Feb. 13, 2008

Reported without amendment

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

Feb. 14, 2008

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

Passed in the House 105 to 0 (details)

Received in the Senate

Feb. 19, 2008

Referred to the Committee on Finance