Introduced
by
To allow a local government that has established a “Tool and Die Renaissance Recovery Zone” authorized by <a href="http://www.michiganvotes.org/2003-HB-5243">Public Act 202 of 2004</a> to revoke the 15-year tax breaks available to firms in the zone at five-year intervals. See also House Bill 4812.
Referred to the Committee on Commerce
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Amendment offered
by
To only allow local governments to revoke the tax breaks authorized by this law if a tool and die business violates the terms of a written agreement with the local government that this amendment would require.
The amendment passed by voice vote
Passed in the House 110 to 0 (details)
To allow a local government that has established a “Tool and Die Renaissance Recovery Zone” authorized by <a href="http://www.michiganvotes.org/2003-HB-5243">Public Act 202 of 2004</a> to revoke the 15-year tax breaks available to firms in the zone at five-year intervals if a tool and die business violates the terms of a written agreement with the local government that the bill would also require.
Referred to the Committee on Commerce and Labor
Reported without amendment
With the recommendation that the substitute (S-3) be adopted and that the bill then pass.
Substitute offered
To increase from 20 to 25 the number of "tool and die renaissance recovery zones".
The substitute passed by voice vote
Passed in the Senate 38 to 0 (details)
To increase from 20 to 25 the number of "tool and die renaissance recovery zones" authorized by <a href="http://www.michiganvotes.org/2003-HB-5243">Public Act 202 of 2004</a>, and in various ways broaden the definitions and ease the restrictions in a manner that allows these particular tax breaks to be extended to more firms.
Passed in the House 107 to 0 (details)
