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2013 Senate Bill 269: Make permanent $75 million in annual corporate subsidy spending

Public Act 504 of 2014

Introduced by Sen. Mike Kowall (R) on March 19, 2013 To make permanent an annual $75 million earmark to a “21st Century Jobs Fund” created by the previous administration, which provides various subsidies to particular firms or industries chosen by a board of political appointees. (The subsidies can include the state taking partial ownership of selected companies.) This money comes from a tobacco company lawsuit settlement, which the legislature may otherwise appropriate for any state spending, or use for tax cuts. Under current law, the earmark expires in 2015.   Official Text and Analysis.
Referred to the Senate Economic Development Committee on March 19, 2013
Reported in the Senate on March 21, 2013 With the recommendation that the bill pass.
Substitute offered in the Senate on October 30, 2013
The substitute passed by voice vote in the Senate on October 30, 2013
Passed 33 to 4 in the Senate on October 31, 2013 To extend through 2019 a sunset on an annual $75 million earmark to a “21st Century Jobs Fund” created by the previous administration, which provides various subsidies to particular firms or industries chosen by a board of political appointees. (The subsidies can include the state taking partial ownership of selected companies.) This money comes from a tobacco company lawsuit settlement, which the legislature may otherwise appropriate for any state spending, or use for tax cuts.
Received in the House on October 31, 2013
Referred to the House Commerce Committee on October 31, 2013
Reported in the House on December 4, 2013 With the recommendation that the substitute (H-2) be adopted and that the bill then pass.
Substitute offered by Rep. Frank Foster (R) on December 16, 2014 To replace the previous version of the bill with one that increases spending on these subsidies to $100 million annually.
The substitute passed by voice vote in the House on December 16, 2014
Amendment offered by Rep. Jon Switalski (D) on December 16, 2014 To also allow the money to be spent on tourism industry subsidies, and other subsidies to corporations and developers.
The amendment passed by voice vote in the House on December 16, 2014
Amendment offered by Rep. Frank Foster (R) on December 16, 2014 To strip out the $100 million authorized for this spending in the Foster substitute, and revert to the $75 million in current law and in the Senate-passed version.
The amendment passed by voice vote in the House on December 16, 2014
Passed 83 to 25 in the House on December 18, 2014 (same description)
To extend through 2019 a sunset on an annual $75 million earmark to a “21st Century Jobs Fund” created by the previous administration, which provides various subsidies to particular firms or industries chosen by a board of political appointees. (The subsidies can include the state taking partial ownership of selected companies.) This money comes from a tobacco company lawsuit settlement, which the legislature may otherwise appropriate for any state spending, or use for tax cuts.
Moved to reconsider by Rep. Jim Stamas (R) on December 18, 2014 The vote by which the House passed the bill.
Passed by voice vote in the House on December 18, 2014
Received in the House on December 18, 2014
Passed 82 to 26 in the House on December 18, 2014 To extend through 2019 a sunset on an annual $75 million earmark to a “21st Century Jobs Fund” created by the previous administration, which empowers a board of political appointees to select to particular firms and industries to receive state subsidies, which can include the state taking partial ownership of selected companies.
Received in the Senate on December 18, 2014
Passed 31 to 7 in the Senate on December 19, 2014 To concur with the House-passed version of the bill.
Signed by Gov. Rick Snyder on January 10, 2015

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