Introduced
by
To create a new category of MEGA tax credit with an approval process separate from the existing credits awarded by the Michigan Economic Growth Authority (MEGA). This would require expedited processing of tax credits for certain projects under $2 million in size where the total credits are less than $200,000.
Referred to the Committee on Commerce
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Substitute offered
by
To replace the previous version of the bill with one that revises details but does not change the substance of the bill as previously described.
The substitute passed by voice vote
Passed in the House 106 to 0 (details)
Referred to the Committee on Economic Development, Small Business, and Regulatory Reform
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 of the proposed procedures and defintions related to the $200,000 and less MEGA credits.
The substitute passed by voice vote
Passed in the Senate 37 to 0 (details)
To create a new category of MEGA tax credit with an approval process separate from the existing credits awarded by the Michigan Economic Growth Authority (MEGA). This would require expedited processing of tax credits for certain projects under $2 million in size where the total credits are less than $200,000.
Passed in the House 104 to 0 (details)
To concur with the Senate-passed version of the bill.
