COMMERCIAL REHABILITATION ACT EXTENDED
There is good news for incentives in Michigan! Act 210 of 2005, more commonly referred to as the Commercial Rehabilitation Act, was set to sunset on December 31st of this year. After multiple bills extending the sunset for the Act were not acted upon early in the year, Senate Bill 0556 of 2015, sponsored by Senators Ken Horn and Steven Bieda, was passed by the Senate, by the House, and was signed by Governor Snyder on December 15, 2015. This bill extends the sunset for the Commercial Rehabilitation Act until December 31, 2020.