2008 Senate Bill 1213

Authorize photovoltaic business tax breaks and cash subsidies

Introduced in the Senate

March 18, 2008

Introduced by Sen. Roger Kahn (R-32)

To authorize a refundable Michigan Business Tax credit equal to 50 percent of the amount invested or expended on research, development, and manufacturing of photovoltaic energy by a firm for whom this is its primary activity. “Refundable” means that if the credit exceeds the firm’s tax liability the state would send it a check.

Referred to the Committee on Finance