2008 Senate Bill 1491

House Roll Call 1185: Passed

To authorize a property tax break for senior housing that is rehabilitated by a limited dividend housing corporation. A “limited dividend housing association” may pay dividends to investors that do not exceed caps set by the Michigan State Housing Development Authority.

103 Yeas / 0 Nays
Democrat (52 Yeas / 0 Nays)
Republican (51 Yeas / 0 Nays)
Excused or Not Voting (7)