Introduced by Sen. Virgil Smith (D) on June 22, 2011
To transfer the state fairgrounds in Detroit to the Michigan Land Bank Fast Track Authority created by a 2003 law, which has extensive powers to assemble and dispose of tax reverted property. It could sell the property, and the money would go into the state budget. Official Text and Analysis.
Referred to the Senate Appropriations Committee on June 22, 2011
Substitute offered in the Senate on February 16, 2012
To replace the previous version of the bill with one that also lets the state just sell the property directly itself.
The substitute passed by voice vote in the Senate on February 16, 2012
To sell the state fairgrounds in Detroit at fair market value, or give the property to the Michigan Land Bank Fast Track Authority created by a 2003 law, which has extensive powers to assemble and dispose of tax reverted property, and could sell the property itself. Money from sale either way would go to the state general fund.
Received in the House on February 23, 2012
Referred to the House Appropriations Committee on February 23, 2012
Reported in the House on March 28, 2012
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Substitute offered in the House on March 29, 2012
The substitute passed by voice vote in the House on March 29, 2012