2019 Senate Bill 493 / 2020 Public Act 217

Extend commercial rehab property tax breaks through 2025

Introduced in the Senate

Sept. 4, 2019

Introduced by Sen. Jim Stamas (R-36)

To extend until the end of 2025 a 2020 sunset on a law authorizing selective property tax breaks for developers who rehab certain commercial buildings.

Referred to the Committee on Economic and Small Business Development

Nov. 12, 2019

Reported without amendment

With the recommendation that the bill pass.

Dec. 5, 2019

Passed in the Senate 33 to 1 (details)

Received in the House

Dec. 5, 2019

Referred to the Committee on Commerce and Tourism

Feb. 20, 2020

Reported without amendment

Refer to the Committee on Ways and Means.

Referred to the Committee on Ways and Means

Sept. 23, 2020

Reported without amendment

Without amendment and with the recommendation that the bill pass.

Sept. 24, 2020

Passed in the House 93 to 12 (details)

To extend until the end of 2025 a 2020 sunset on a law authorizing selective property tax breaks for developers who rehab certain commercial buildings.

Signed by Gov. Gretchen Whitmer

Oct. 15, 2020