SB-0673, As Passed Senate, February 2, 2016
December 15, 2015, Introduced by Senators HORN, BIEDA, JONES, PROOS, MARLEAU, BRANDENBURG and SCHMIDT and referred to the Committee on Economic Development and International Investment.
A bill to amend 2000 PA 146, entitled
"Obsolete property rehabilitation act,"
by amending section 16 (MCL 125.2796), as amended by 2010 PA 137.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 16. A new exemption shall not be granted under this act
after
December 31, 2016, 2026, but an exemption then in effect
shall continue until the expiration of the exemption certificate.