CASINO IN RENAISSANCE ZONE - S.B. 587: FLOOR ANALYSIS
Senate Bill 587 (as reported without amendment)
Sponsor: Senator Michael J. Bouchard
Committee: Gaming and Casino Oversight
CONTENT
The bill would amend the Enterprise Zone Act to exclude a casino from the tax exemption allowed under the Act for property located in a renaissance zone. "Casino" would mean a casino or a parking lot, hotel, motel, or retail store owned or operated by a casino, an affiliate, or an affiliated company, regulated by the State under the Michigan Gaming Control and Revenue Act.
MCL 125.2121c - Legislative Analyst: S. Margules
FISCAL IMPACT
The bill would have no fiscal impact on State or local government.
Date Completed: 6-9-97 - Fiscal Analyst: R. Ross
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This analysis was prepared by nonpartisan Senate staff for use by the Senate in its deliberations and does not constitute an official statement of legislative intent.