2002 House Bill 6502 / Public Act 727

Introduced in the House

Nov. 7, 2002

Introduced by Rep. Jason Allen (R-104)

To extend to the end of 2007 the sunset on the authority of the Michigan Economic Development Corporation (MEDC) to provide brownfield redevelopment single business tax credits, and revise the MEDC’s authority over brownfield tax increment financing plans. See also House Bill 6501.

Referred to the Committee on Tax Policy

Nov. 13, 2002

Amendment offered

To allow developer to resubmit a brownfield-related tax increment financing program work plan if the first one is denied by the Michigan Economic Growth Authority.

The amendment passed by voice vote

Passed in the House 104 to 0 (details)

In the Senate

Nov. 14, 2002

Referred to the Committee on Economic Development, International Trade, and Regulatory Affairs

Dec. 13, 2002

Substitute offered

To replace the previous version of the bill with one which extends the Michigan Economic Growth Authority's authority to approve brownfield work plans which include the capture school operating taxes beyond an existing January 1, 2003 sunset to January 1, 2008. Note: A vote on this substitute also had the effect of killing an alternative substitute which would have given school districts a voice in approving brownfield projects (which reduce local tax revenues). Some Senators contended that this would have give schools a "veto" on new brownfield projects.

The substitute passed by voice vote

Passed in the Senate 32 to 0 (details)

To extend to the end of 2007 the sunset on the authority of the Michigan Economic Development Corporation (MEDC) to provide brownfield redevelopment single business tax credits, and revise the MEDC’s authority over brownfield tax increment financing plans. The bill also extends the Michigan Economic Growth Authority's authority to approve brownfield work plans which include the capture school operating taxes beyond an existing January 1, 2003 sunset, to January 1, 2008. See also House Bill 6501.

Received in the House

Dec. 13, 2002

Passed in the House 95 to 0 (details)

To concur with the Senate-passed version of the bill.

Signed by Gov. John Engler

Dec. 30, 2002