Introduced
by
To create a new government program to give subsidies to particular businesses selected by political appointees and certain state agency officials. This one would be called the “Michigan business development program.” It would essentially replace the Michigan Economic Growth Authority, and instead deliver some $100 million annually to selected firms in outright cash grants, rather than combinations of tax breaks and cash grants. See also Senate Bills 566 to 568.
Referred to the Committee on Economic Development
Reported without amendment
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one that revises details but does not change the substance as previously described.
The substitute passed by voice vote
Passed in the Senate 33 to 5 (details)
Referred to the Committee on Commerce
Reported without amendment
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one that revises details, and eliminates "diversifies the state economy" as one of the rationales for handing out these subsidies to a particular firm.
The substitute passed by voice vote
Passed in the House 95 to 11 (details)
To create a new government program to give subsidies to particular businesses selected by political appointees and certain state agency officials. This one would be called the “Michigan business development program.” It would essentially replace the Michigan Economic Growth Authority, and instead deliver some $100 million annually to selected firms in outright cash grants, rather than combinations of tax breaks and cash grants. See also Senate Bills 566 to 568.
Passed in the Senate 34 to 1 (details)
To concur with the House-passed version of the bill.
