Loading chat...

MI SB0494

Bill

Official Source

Status

Passed

10/21/2020

Primary Sponsor

Jim Stamas

Click for details

Origin

Senate

100th Legislature

AI Summary

  • Amends the Commercial Rehabilitation Act (2005 PA 210) by modifying Section 16 regarding exemption deadlines
  • Prohibits new commercial rehabilitation exemptions from being granted after December 31, 2025
  • Allows existing exemptions that are in effect as of the deadline to continue until their certificates expire
  • Takes effect immediately upon enactment on October 15, 2020

Legislative Description

Economic development: commercial redevelopment; commercial redevelopment exemptions; extend sunset. Amends sec. 18 of 1978 PA 255 (MCL 207.668).

Economic development: commercial redevelopment

Last Action

Assigned Pa 0218'20 With Immediate Effect

10/21/2020

Committee Referrals

Ways And Means2/20/2020
Commerce And Tourism12/5/2019
Economic And Small Business Development9/4/2019

Full Bill Text

No bill text available