2007 House Bill 5123 / 2008 Public Act 3

Revise commercial redevelopment “districts” law

Introduced in the House

Aug. 22, 2007

Introduced by Rep. Steve Bieda (D-25)

To repeal the ability of counties to veto the creation of <a href="http://www.michiganvotes.org/2005-HB-4369">commercial redevelopment “districts”</a>, which make owners of certain commercial structures eligible for reduced property tax rates, and limit the requirement that property be "obsolete" in order to qualify for the tax break.

Referred to the Committee on New Economy and Quality of Life

Sept. 6, 2007

Reported without amendment

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

Sept. 11, 2007

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

Sept. 25, 2007

Passed in the House 109 to 0 (details)

Received in the Senate

Sept. 26, 2007

Referred to the Committee on Economic Development and Regulatory Reform

Dec. 6, 2007

Reported without amendment

With the recommendation that the bill pass.

Jan. 24, 2008

Passed in the Senate 34 to 0 (details)

To repeal the ability of counties to veto the creation of <a href="http://www.michiganvotes.org/2005-HB-4369">commercial redevelopment “districts”</a>, which make owners of certain commercial structures eligible for reduced property tax rates, and limit the requirement that property be "obsolete" in order to qualify for the tax break.

Signed by Gov. Jennifer Granholm

Feb. 7, 2008