Introduced
by
To authorize a Single Business Tax (SBT) credit for a business that generates electricity from a small wind turbine (two megawatts or less). The credit would be 1.5-cents per kilowatt hour generated.
Referred to the Committee on Government Operations
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Amendment offered
by
To tie-bar the bill to House Bill 4811, meaning this bill cannot become law unless that one does also. HB 4811 would repeal Michigan's ban on suing the maker of prescription drugs that have been approved by the FDA, unless there was fraud involved.
The amendment failed by voice vote
Substitute offered
by
The substitute passed by voice vote
Amendment offered
by
To revise the language to only allow the credit for 2007.
The amendment passed by voice vote
Passed in the House 102 to 0 (details)
To authorize a Single Business Tax (SBT) credit for a business that generates electricity from a small wind turbine (two megawatts or less). The credit would be $0.015 per kilowatt hour generated. The credits would only be in effect in 2007, would be subject to an aggregate statewide cap of $3 million, and at $750,000 for a single taxpayer.
Referred to the Committee on Finance
Reported without amendment
With the recommendation that the bill pass.
Amendment offered
To remove a provision that would allow the proposed tax credit to apply to a potential successor tax to the SBT. Note: The bill only authorizes the credit for 2007, after which the law authorizing the SBT is repealed.
The amendment passed by voice vote
Passed in the Senate 23 to 15 (details)
To authorize a Single Business Tax (SBT) credit for a business that generates electricity from a small wind turbine (two megawatts or less). The credit would be $0.015 per kilowatt hour generated. The credits would only be in effect in 2007, would be subject to an aggregate statewide cap of $3 million, and at $750,000 for a single taxpayer.
To concur with the Senate-passed version of the bill.
Passed in the House 101 to 1 (details)