2007 House Bill 5459 / 2008 Public Act 118

Allow “commercial rehabilitation” tax breaks for new construction

Introduced in the House

Nov. 20, 2007

Introduced by Rep. Jeff Mayes (D-96)

To expand the law allowing certain tax breaks for “commercial rehabilitation” projects to also grant tax breaks for projects involving new construction on vacant land.

Referred to the Committee on Commerce

Nov. 26, 2007

Referred to the Committee on Tax Policy

Feb. 27, 2008

Reported without amendment

With the recommendation that the substitute (H-2) be adopted and that the bill then pass.

Feb. 28, 2008

Substitute offered

To replace the previous version of the bill with one that narrows its scope so that the proposed tax breaks would only be authorized for the communities of Bay City and Jackson.

The substitute passed by voice vote

Passed in the House 106 to 0 (details)

To expand the law allowing certain tax breaks for “commercial rehabilitation” projects to also grant tax breaks for projects in the communities of Bay City and Jackson involving new construction on vacant land.

Received in the Senate

March 4, 2008

Referred to the Committee on Economic Development and Regulatory Reform

April 17, 2008

Reported without amendment

With the recommendation that the bill pass.

April 23, 2008

Passed in the Senate 36 to 0 (details)

To expand the law allowing certain tax breaks for “commercial rehabilitation” projects to also grant tax breaks for projects in the communities of Bay City and Jackson involving new construction on vacant land.

Signed by Gov. Jennifer Granholm

April 29, 2008