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Mackinac Center for Public Policy
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2012 Senate Bill 929: Revise “21st Century Jobs Fund” business subsidy details

Public Act 145 of 2012

  1. Introduced by Sen. Mike Kowall (R) on February 7, 2012, to revise the procedures by which beneficiaries of the “21st Century Jobs Fund” business subsidy program are selected, transferring authority from “independent experts” to political appointees on the Michigan Strategic Fund board. The bill would also reduce program reporting requirements; increase the amount certain grant recipients can spend for "overhead;" and make other changes.
    • Referred to the Senate Economic Development Committee on February 7, 2012.
      • Reported in the Senate on February 9, 2012, with the recommendation that the substitute (S-1) be adopted and that the bill then pass.
    • Substitute offered in the Senate on February 22, 2012. The substitute passed by voice vote in the Senate on February 22, 2012.
  2. Passed 35 to 2 in the Senate on February 23, 2012.
    Who Voted "Yes" and Who Voted "No"

  3. Received in the House on February 23, 2012.
    • Referred to the House Commerce Committee on February 23, 2012.
      • Reported in the House on April 17, 2012, without amendment and with the recommendation that the bill pass.
  4. Passed 97 to 11 in the House on May 15, 2012, to revise the procedures by which beneficiaries of the “21st Century Jobs Fund” business subsidy program are selected, transferring authority from “independent experts” to political appointees on the Michigan Strategic Fund board. The bill would also reduce program reporting requirements; increase the amount certain grant recipients can spend for "overhead;" and make other changes.
    Who Voted "Yes" and Who Voted "No"

  5. Signed by Gov. Rick Snyder on May 30, 2012.

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