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2013 Senate Bill 397: Expand a corporate/developer subsidy regime

Public Act 238 of 2013

Introduced by Sen. Tom Casperson (R) on May 29, 2013 To authorize creation of a sixth “Next Michigan Development Corporation,” which is a government agency that gives tax breaks and subsidies to particular corporations or developers selected by political appointees on the entity's board for projects meeting extremely broad "multi-modal commerce" criteria (basically, any form of goods-related commerce). The new entity would be in the Upper Peninsula.   Official Text and Analysis.
Referred to the Senate Economic Development Committee on May 29, 2013
Reported in the Senate on September 19, 2013 With the recommendation that the bill pass.
Passed 33 to 4 in the Senate on September 26, 2013 (same description)
To authorize creation of a sixth “Next Michigan Development Corporation,” which is a government agency that gives tax breaks and subsidies to particular corporations or developers selected by political appointees on the entity's board for projects meeting extremely broad "multi-modal commerce" criteria (basically, any form of goods-related commerce). The new entity would be in the Upper Peninsula.
Received in the House on September 26, 2013
Referred to the House Commerce Committee on September 26, 2013
Reported in the House on November 6, 2013 Without amendment and with the recommendation that the bill pass.
Passed 87 to 22 in the House on December 11, 2013 (same description)
To authorize creation of a sixth “Next Michigan Development Corporation,” which is a government agency that gives tax breaks and subsidies to particular corporations or developers selected by political appointees on the entity's board for projects meeting extremely broad "multi-modal commerce" criteria (basically, any form of goods-related commerce). The new entity would be in the Upper Peninsula.
Signed by Gov. Rick Snyder on December 21, 2013

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