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Mackinac Center for Public Policy
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2013 House Bill 4482: Convert 21st Century Jobs Fund from rule-based to discretionary corporate subsidies
  1. Introduced by Rep. Frank Foster (R) on March 20, 2013, to consolidate within the Michigan Strategic Fund agency the decision-making powers currently vested in various other government “economic development” and job training programs created over the years, including the “21st Century Jobs Fund.” In general the bill amends the law creating this agency to reflect proposals in Senate Bills 269 to 272, SB 278, House Bill 4481 and others that together convert state “economic development” activities from rule-based programs to ones in which subsidies, loans and tax breaks are granted at the discretion of political appointees on the Michigan Strategic Fund board.
    • Referred to the House Commerce Committee on March 20, 2013.
      • Reported in the House on December 4, 2013, with the recommendation that the substitute (H-5) be adopted and that the bill then pass.