2019 House Bill 4091 / Public Act 163

Expand developer tax breaks, increase cap on eligible rental property

Introduced in the House

Jan. 24, 2019

Introduced by Rep. Beau LaFave (R-108)

To remove restrictions on which local governments can authorize “neighborhood enterprise zone” property tax breaks for certain developers, and also increase the cap on the cash value of residential rental property eligible for the special treatment from $80,000 per unit to $250,000 per unit.

Referred to the Committee on Commerce and Tourism

Oct. 24, 2019

Reported without amendment

Refer to the Committee on Ways and Means with the recommendation that the substitute (H-1) be adopted.

Referred to the Committee on Ways and Means

Dec. 4, 2019

Reported without amendment

With the recommendation that the substitute (H-1) be adopted and that the bill then pass, which divides the bill's provisions between it and the identical SB 319.

Passed in the House 75 to 30 (details)

To remove restrictions on which local governments can authorize “neighborhood enterprise zone” property tax breaks for certain developers, and also increase the cap on the cash value of residential rental property eligible for the special treatment from $80,000 per unit to $120,000 per unit.

Received in the Senate

Dec. 5, 2019

Referred to the Committee on Economic and Small Business Development

Dec. 11, 2019

Passed in the Senate 38 to 0 (details)

To revise some technical details of the tax breaks local governments can authorize for “neighborhood enterprise zone” property for certain developers, remove some restrictions on them, and along with Senate Bill 319, also increase the cap on the cash value of residential rental property eligible for the special treatment from $80,000 per unit to $120,000 per unit.

Signed by Gov. Gretchen Whitmer

Dec. 20, 2019