2005 House Bill 4540 / Public Act 340

Expand Neighborhood Enterprise Zone tax breaks

Introduced in the House

March 22, 2005

Introduced by Rep. Edward Gaffney (R-1)

To establish the formula for determining the Neighborhood Enterprise Zone property tax breaks for the homestead facilities proposed by House Bill 4938.

Referred to the Committee on Commerce

Aug. 10, 2005

Reported without amendment

Without amendment and with the recommendation that the bill pass.

Nov. 3, 2005

Passed in the House 101 to 0 (details)

Received in the Senate

Nov. 8, 2005

Referred to the Committee on Finance

Dec. 8, 2005

Reported without amendment

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

Substitute offered

To replace the previous version of the bill with one that revises details but does not change the substance of the bill as previously described.

The substitute passed by voice vote

Passed in the Senate 36 to 0 (details)

To establish the formula for determining the Neighborhood Enterprise Zone property tax breaks for the homestead facilities proposed by Senate Bills 529 and 530.

Received in the House

Dec. 8, 2005

Dec. 14, 2005

Passed in the House 108 to 0 (details)

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

Signed by Gov. Jennifer Granholm

Dec. 31, 2005