2013 House Bill 4482 ↩

Senate Roll Call 828: Passed

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 “<a href="http://www.michiganvotes.org/2005-HB-5047">21st Century Jobs Fund</a>.” 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 these 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. The bill also expand this agency's authority over "brownfield" and "historic district" tax breaks and subsidies, and job training subsidies for particular firms.