Introduced
by
To give a four-year, $100 million subsidy to a joint venture of the "Xtreme Power" and "Clairvoyant Energy" corporations, which would make “large scale power systems designed to convert variable renewable power into firm dispatchable power” at the fomer Ford Wixom assembly plant. The subsidy is structured as a "refundable" tax credit, meaning the state will send the company a check for the amount that the credit exceeds its tax liability.
Referred to the Committee on Commerce and Tourism
Reported without amendment
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Substitute offered
The substitute passed by voice vote
Passed in the Senate 33 to 2 (details)
Referred to the Committee on New Economy and Quality of Life
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Passed in the House 96 to 11 (details)
To give a four-year, $100 million subsidy to a joint venture of the "Xtreme Power" and "Clairvoyant Energy" corporations, which would make “large scale power systems designed to convert variable renewable power into firm dispatchable power” at the fomer Ford Wixom assembly plant. The subsidy is structured as a "refundable" tax credit, meaning the state will send the company a check for the amount that the credit exceeds its tax liability.
