Introduced
by
To authorize a refundable Michigan Business Tax credit equal to 30 percent of the costs incurred by a gas station to convert existing pumps and tanks, or acquire new ones that deliver E85 ethanol or biodiesel fuel. “Refundable” means the state would write checks to station owners whose credit against the amount spent on this equipment is more than what they owe in taxes.
Referred to the Committee on Agriculture and Bioeconomy
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 of the bill as previously described.
The substitute passed by voice vote
Amendment offered
by
The amendment passed by voice vote
Amendment offered
by
To remove the refundability provision that allows a gas station owner to get a check from the state for the portion of the tax credit that exceeds his tax liability.
The amendment passed by voice vote
Passed in the Senate 37 to 1 (details)
Referred to the Committee on Agriculture
Reported without amendment
With the recommendation that the substitute (H-2) be adopted and that the bill then pass.
