Introduced
by
To give the Michigan State Housing Developing Authority the power to grant to certain nonprofit organizations it designates a 50 percent property tax break on rental housing owned by the organization and rented out to individuals with income less than 80 percent the area median who are recipients of government mental health system benefits. This bill in part creates the tax break, while House Bill 5439 creates the program.
Referred to the Committee on Intergovernmental, Urban, and Regional Affairs
Reported without amendment
With the recommendation that the substitute (H-3) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one that changes the tax break to an exemption from the 18-mill local school operating levy.
The substitute passed by voice vote
Passed in the House 108 to 0 (details)
To give the Michigan State Housing Developing Authority the power to grant to certain nonprofit organizations it designates an exemption from the 18-mill local school operating levy on rental housing owned by the organization and rented out to individuals with income less than 80 percent the area median who are recipients of government mental health system benefits. This bill in part creates the tax break, while House Bill 6493 creates the program.
Referred to the Committee on Finance
Reported without amendment
With the recommendation that the bill pass.
Passed in the Senate 37 to 0 (details)
To give the Michigan State Housing Developing Authority the power to grant to certain nonprofit organizations it designates an exemption from the 18-mill local school operating levy on rental housing owned by the organization and rented out to individuals with income less than 80 percent the area median who are recipients of government mental health system benefits. This bill in part creates the tax break, while House Bill 6493 creates the program.
