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2014 Senate Bill 787: Give tax breaks to “aquaculture” and hydroponics

Public Act 512 of 2014

Introduced by Sen. Bruce Caswell (R) on February 13, 2014
To impose a new “specific” tax on aquaculture and hydroponics production facilities, equal to 25 percent of the regular property tax rate; Senate Bill 786 would exempt these operations from the regular property tax.   Official Text and Analysis.
Referred to the Senate Finance Committee on February 13, 2014
Reported in the Senate on March 13, 2014
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Substitute offered in the Senate on March 20, 2014
The substitute passed by voice vote in the Senate on March 20, 2014
Received in the House on March 26, 2014
Referred to the House Tax Policy Committee on March 26, 2014
Reported in the House on November 12, 2014
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Received in the Senate on December 19, 2014
Passed 37 to 1 in the Senate on December 19, 2014.
    See Who Voted "Yes" and Who Voted "No".
To concur with the House-passed version of the bill.
Signed by Gov. Rick Snyder on January 10, 2015

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