HomeMy WebLinkAboutResolutions - 1989.10.26 - 17154Miscellaneous Resolution # 89275 October 26, 1989
,471,11,
BY: Government and Transportation Committee -Richard Skarritt, Chairperson
IN RE: SENATE BILL 440 - SUPPORT INCENTIVES FOR SOLID WASTE DISPOSAL THROUGH
RECYCLING, COMPOSTING AND RESOURCE RECOVERY VIA SINGLE BUSINESS TAX
CREDITS
Mr. Chairperson, Ladies and Gentlemen:
WHEREAS, Oakland County is developing county-wide solid waste disposal
system which will include composting, recycling and resource recovery; and
WHEREAS, Senate Bill 440 would include tax credits within the Single
Business Tax •Act which would provide fiscal incentives for the creation
of products utilizing recycled materials, the purchase and use of compost
from qualified composting facilities, the purchase of steam from a qualified
resource recovery facility and the sale of electricity by a qualified resource
recovery facility; and
WHEREAS, these tax credit incentives would greatly assist Oakland County
in the attainment of its composting, recycling and waste volume reduction
goals; and
WHEREAS, the following credit payback amendment added by the Senate:
"(7) A taxpayer may claim a credit allowed by this section for
only 10 consecutive tax years beginning with the first
for which the taxpayer actually claims the credit.
(8) For each of the 10 tax years immediately following the last
tax year for which a taxpayer may claim a credit as provided in
subsection (7), the taxpayer shall pay a surcharge equal to 0.1
times the aggregate amount of the credits the taxpayer received
under this section."
would greatly diminish the affectiveness of the incentives provided in Senate
Bill 440, particularly those affecting recycling and composting; and
WHEREAS, the wording of Senate Bill 440 should be amended to more
specifically identify the taxpayer recipient of the credit for electricity
sales from a qualified resource recovery facility and to eliminate the
possibility of a double credit being claimed by the purchaser of steam to
generate electricity and for the sale of such electricity;
NOW THEREFORE BE IT RESOLVED that the Oakland County Board
Commissioners supports the concepts contained.in Senate Bill 440; and
BE IT FURTHER RESOLVED that the Oakland County Board of Commissioners
recommends that the payback amendment added by the Senate, Section 37C(7)(8)
should be reversed as it applies to the tax credit for the use of recycled
materials for the production of new products Section 37C(1) and the tax
credit applying to the purchase of compost Section 37C(2); and
BE IT FURTHER RESOLVED that the Oakland County Board of Commissioners
recommends that the bill be amended to identify the taxpayer recipient of
the credit for the sale of electricity must be the owner of the qualified
resource recovery facility, Section 37C(3); and
BE IT FURTHER RESOLVED that the Oakland County Board of Commissioners
recommends the bill be amended to preclude the possibility of the receipt,
by the taxpayer(s), of a double tax credit for the purchase of steam to
generate electricity and again for the sale of the electricity, Section
37C(3)(4); and
BE IT FURTHER RESOLVED that copies of this resolution be sent to
legislators from Oakalnd County and the County's Legislative Agent.
Mr. Chairperson, on behalf of the Government and Transportation Committee
I move the adoption of the foregoing resolution.
GOVERNMENT AND TRANSPORTATION COMMITTEE
ichard G. Skarritt, Chairperson
REPORT
BY: Planning and Building Committee, Anne M. Hobart, Chairperson
TO: GOVERNMENT & TRANSPORTATION COMMITTEE
IN RE: SENATE BILL 440 - SUPPORT INCENTIVES FOR SOLID WASTE DISPOSAL THROUGH
RECYCLING, COMPOSTING AND RESOURCE RECOVERY VIA SINGLE BUSINESS TAX
CREDITS
Mr. Chairperson, Ladies and Gentlemen:
The Planning and Building Committee has re-reviewed Senate Bill 440
along with the amendment recommended by the Government and Transportation
Committee. The Planning and Building Committee concurs in the action of
the Government and Transportation Committee and supports the concepts
contained in Senate Bill 440. The Committee further recommends passage
of the bill with amendments to accomplish the following:
1. Reversal of the Senate payback requirements as it applies to
recycling and composting.
2. Identification of the taxpayer recipient of the tax credit for
the sale of electricity as the owner of a qualified resource
recovery facility.
3. The elimination of the possibility of the receipt of double tax
credits by the generator of electricity, one credit for the purchase
of steam and again for the sale of the electricity.
PLANNING AND BUILDING COMMITTEE
Anne M. Hobart, Chairperson
COMMITTEE VOTE: Unanimous
Resolution # 89275 October 26, 1989
Moved by Skarritt supported by Johnson the resolution be adopted.
AYES: Aaron, Bishop, Caddell, Chester, Crake, Ferrens, Gosling, Hobart,
Jensen, Johnson, R. Kuhn, S. Kuhn, Law, Luxon, McConnell, McCulloch, McPherson,
Moffitt, Oaks, Olsen, Pappageorge, Pernick, Price, Rewold, Skarritt, Wolf. (26)
NAYS: None. (0)
A sufficient majority having voted therefor, the resolution was adopted.
STATE OF MICHiGAN)
COUNTY OF OAKLAND)
I, Lynn D. Allen, Clerk of the County of Oakland and having a seal, do hereby cert i fy that I have compared the annexed copy of the attached
resolution adopted by the _Oakland County Board or Commissioners at their regular
meeting held on_ October 2t 1989
with the original 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
this 26th 'day of October, 1989
LYNN/D. ALLEN, County Cierk/Ragister of De