2012 Senate Bill 1148 / Public Act 490

Grant industrial plant rehab tax break for particular facility

Introduced in the Senate

May 29, 2012

Introduced by Sen. Bruce Caswell (R-16)

To allow an exception to the usual requirements for an Industrial Plant Rehabilitation tax break, making a particular facility eligible when under current statute it would not be.

Referred to the Committee on Finance

Sept. 13, 2012

Reported without amendment

With the recommendation that the bill pass.

Sept. 20, 2012

Passed in the Senate 38 to 0 (details)

Received in the House

Sept. 20, 2012

Referred to the Committee on Tax Policy

Nov. 27, 2012

Reported without amendment

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

Dec. 4, 2012

Substitute offered

The substitute passed by voice vote

Dec. 6, 2012

Passed in the House 58 to 51 (details)

To allow an exception to the usual requirements for an Industrial Plant Rehabilitation tax break, making a particular facility in Quincy in Branch County eligible when under current statute it would not be.

Received in the Senate

Dec. 11, 2012

Dec. 12, 2012

Passed in the Senate 38 to 0 (details)

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

Signed by Gov. Rick Snyder

Dec. 27, 2012