SB 500, sponsored by Sen. Tony Stamas (R-Midland), was sent to the Governor for her signature today. This bill, as passed by the House and concurred-in by the Senate, amends PA 198 (plant rehabilitation and industrial facilities exemptions) to allow for revoked abatements to be transferred. Apparently, this is not allowed now. The City of Auburn Hills ran up against this problem, and the bill was used to allow for these transfers to occur. It also contained language allowing the City of Gaylord to offer PA 198 abatements to manufacturers specifically for existing facilities that are vacant and not obsolete or blighted. Usually PA 198’s have to be for new or rehabilitated projects. This is a pilot that was requested by the City of Gaylord, and the League will follow it closely. Afer working closely with Treasury, Sen. Stamas, and others, the League supported the bill. Thanks are due to Sen. Stamas for working with the League on this legislation. The bill is expected to be signed by the Governor.
67a468ad-af80-4f4b-80dd-e4c13510532f|0|.0
