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MI SB0673

Bill

Official Source

Status

Passed

8/3/2016

Primary Sponsor

Kenneth Horn

Click for details

Origin

Senate

98th Legislature

AI Summary

  • Amends the Obsolete Property Rehabilitation Act (2000 PA 146) to establish a sunset date for new exemptions under the program.

  • No new exemptions shall be granted under the act after December 31, 2026.

  • Exemptions already in effect as of December 31, 2026 shall continue until their individual exemption certificates expire.

  • Takes effect immediately upon approval (June 23, 2016).

Legislative Description

Economic development; obsolete property and rehabilitation; sunset on obsolete property rehabilitation act; extend. Amends sec. 16 of 2000 PA 146 (MCL 125.2796).

Law: sunset

Last Action

Presented To Governor 6/14/2016 @ 12:16 Pm

9/6/2016

Committee Referrals

Tax Policy2/2/2016
Economic Development And International Investment12/15/2015

Full Bill Text

No bill text available