2007 Senate Bill 970 / 2008 Public Act 225

Allow DDAs to subsidize certain retailers

Introduced in the Senate

Dec. 6, 2007

Introduced by Sen. Jason Allen (R-37)

To allow Downtown Development Authorities to establish and fund retail business “incubators,” which would essentially be buildings owned and operated by a DDA and rented at below-market rates to particular private retailers selected by the DDA board. These government-owned operations and subsidies would paid for with the tax revenue “captured” from other local taxing authorities that is the source of DDA funding.

Referred to the Committee on Commerce and Tourism

March 11, 2008

Reported without amendment

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

March 18, 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

March 19, 2008

Passed in the Senate 38 to 0 (details)

Received in the House

March 19, 2008

Referred to the Committee on Commerce

June 24, 2008

Reported without amendment

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

June 27, 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

Substitute offered by Rep. Andy Meisner (D-27)

To adopt a version of the bill that moves the specific conditions and requirements for the proposed retail business "incubator" tax breaks to Senate Bill 972.

The substitute passed by voice vote

Passed in the House 107 to 0 (details)

To allow Downtown Development Authorities to establish and fund retail business “incubators,” which would essentially be buildings owned and operated by a DDA and rented at below-market rates to particular private retailers selected by the DDA board. These government-owned operations and subsidies would paid for with the tax revenue “captured” from other local taxing authorities that is the source of DDA funding.

Received in the Senate

June 27, 2008

Passed in the Senate 37 to 0 (details)

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

Signed by Gov. Jennifer Granholm

July 15, 2008