Introduced
by
To reduce the tax "recapture" or penalty assessed when forestland managed for timber production is withdrawn from from <a href="http://www.michiganvotes.org/2005-SB-912">a program</a> that grants property tax breaks if the owner allows public access to the land for recreation.
Referred to the Committee on Tax Policy
Reported without amendment
With the recommendation that the bill be referred to the Committee on Natural Resources, Tourism, and Outdoor Recreation.
Referred to the Committee on Natural Resources, Tourism, and Outdoor Recreation
Reported without amendment
With the recommendation that the substitute (H-3) be adopted and that the bill then pass.
Substitute offered
To revise details of formula used to establish the penalty for withdrawing property from the tax break program.
The substitute passed by voice vote
Passed in the House 107 to 1 (details)
To reduce the "recapture" penalty assessed when forestland managed for timber production is withdrawn from <a href="http://www.michiganvotes.org/2005-SB-912">a program</a> that grants property tax breaks if the owner allows public access to the land for recreation.
Referred to the Committee on Finance
Reported without amendment
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Substitute offered
The substitute passed by voice vote
