2009 House Bill 5479 ↩

Senate Roll Call 710: Passed

To remove a $3 million cap on the amount that certain “historic rehabilitation” Michigan Business Tax credits can be “carried forward” to a future tax year by a property owner, if the correct state political appointee (the director of the Department of History, Arts and Libraries, or its successor) deems the project a “high community impact” one. Specifically, the bill would revise the terms of a tax break originally intended for the developer of Tiger Stadium (since torn down), increase it to $4.6 million, and give it to the College of Creative Studies' Taubman Center in Detroit.