HomeMy WebLinkAboutResolutions - 1983.10.20 - 11750REPORT October 20, 1983
BY: GENERAL GOVERNMENT COMMITTEE-John E. Olsen, Chairperson
RE; Miscellaneous Resolution #83271 1 Support of the Concept of Research and
Development Credits far Businesses as Proposed in House Bill 4540 and
Senate Bill 286
TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS
Mr, Chairperson, Ladies and Gentlemen:
The General Government Committee, having reviewed Miscellaneous Resolution
#83271, reports with the recommendation that the resolution be adopted with the
amendment that the specific reference to House Bill 4540 and Senate Bill 286
be striken.
Mr. Chairperson, on behalf of the General Government Committee, I move
the acceptance of the foregoing report,
GENERAL GOVERNMENT COMMITTEE
hn P. Calandra
MiscellaheOuS' Resolution # 83271 September 22, 1983
BY: John P. Calandro, Oakland County Commissioner--District #24
IN RE: SUPPORT OF THE CONCEPT OF RESEARCH AND DEVELOPMENT CREDITS
FOR BUSINESSES AS PROPOSED IN HOUSE BILL 4540 AND SENATE
BILL 286
To the Oakland County Board of Commissioners
Mr. Chairperson, Ladies, and Gentlemen:
WHEREAS House Bill 4540 and Senate Bill 286 would incorporate
definitions from provisions of the research and development credit against
the federal income tax in order to establish a similar credit against
the Michigan Single Business Tax; and
WHEREAS, according to provisions of these bills, a business
could claim a credit worth 25 percent of new research expenses incurred
in Michigan in excess of those established by averaging normal or basic
research expenses for the previous three years; and
WHEREAS the diversification of our business base and the
attraction of high technology industries is a top economic development
priority in Oakland County and the State of Michigan; and
WHEREAS the passage of this legislation will help further
these objectives; and
WHEREAS proposed legislation such as HE 4540 and SB 286 is
a small step in the right direction toward changing Michigan's reputation
as an undesirable place to start or expand a business.
NOW THEREFORE BE IT RESOLVED that the Oakland County Board
of Commissioners go on record as supporting the concept of HE 4540 and
SE 286 for its potential economic development impact.
BE IT FURTHER RESOLVED that copies of this resolution be
sent to all members of the State Legislature from Oakland County and
to the County's Legislative Agent.
Mr. Chairperson, I move the adoption of the foregoing resolution.
akland County Commissioner
#8327I October 20, 1983
Moved by Olsen supported by Jackson the report be accepted.
A sufficient majority having voted therefor, the motion Garricd.
Moved by Olsen supported by Nelson the resolution be adopted.
Moved by Olsen supported by Nelson the resolution be amended as recommended in the
report from the General Government Committee:
The 1st WHEREAS paragraph - delete "House Bill 4540 and Senate Bill 286
would" and insert "legislation has been proposed which would",
In the 2nd WHEREAS paragraph delete "these bills" and add the words
"such legislation";
In the 5th WHEREAS paraaraph delete "proposed legislation" and insert
"such legislation" and delete "such as House Bill 4540 and Senate Bill 286";
In the NOW THEREFORE BE IT RESOLVED paragraph delete the words "House
Bill 4540 and Senate Bill 286".
A sufficient majority having voted therefor, the amendment carried.
Vote on resolution as amended:
AYES: Olsen, Page, Perinoff, Price, Rewold, Aaron, Caddell, Calandro, Dovon,
Foley, Fortino, Gosling, Hobart, Jackson, R. Kuhn, S. Kuhn, Lanni, Law, McConnell,
McDonald, McPherson, Moffitt, Moore, Nelson. (24)
NAYS: None. (0)
A sufficient majority having voted therefor, the resolution as amended,
was adopted.
STATE OF MICHIGAN)
COUNTY OF OAKLAND)
G, Lynn D. Allen, Clerk of the County of Oakland and having a seal,
do hereby certify that I have compared the annexed copy of
Miscellaneous Resolution #83271 adopted by the Board of Commissioners at their
meeting held on October 20, 1983
with the orginial record thereof now remaining in my office, and
that it is a true and correct transcript therefrom, and of the
whole thereof.
In Testimony Whereof, I have hereunto set my hand and affixed the
seal of said County at Pontiac, Michigan
20th October 83
ALL
County Clerk/Register of Deeds
this day of