2011 House Bill 4820 / Public Act 272

Extend "Obsolete Property" tax break for particular developer

Introduced in the House

June 28, 2011

Introduced by Rep. Wayne Schmidt (R-104)

To revise the eligibility criteria in the law that authorizes tax breaks for the rehabilitation and reuse of "obsolete structures," by allowing a developer to submit an amended application if an error or mistake in an original application were discovered after it was approved.

Referred to the Committee on Commerce

Oct. 25, 2011

Reported without amendment

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

Nov. 9, 2011

Substitute offered

To replace the previous version of the bill with one that revises details but does not change the substance as previously described.

The substitute passed by voice vote

Nov. 10, 2011

Passed in the House 103 to 4 (details)

Received in the Senate

Nov. 29, 2011

Referred to the Committee on Economic Development

Dec. 13, 2011

Reported without amendment

With the recommendation that the bill pass.

Passed in the Senate 37 to 1 (details)

To revise the eligibility criteria in the law that authorizes tax breaks for the rehabilitation and reuse of "obsolete structures," by allowing a developer to submit an amended application if an error or mistake in an original application were discovered after it was approved.

Signed by Gov. Rick Snyder

Dec. 19, 2011