Introduced
by
To grant a refundable business tax break based on the price it pays for electricity to the Hemlock Semiconductor company and perhaps other producers of polycrystalline silicon used in solar cells and semiconductor chips. Refundable means that if the value of the tax credit exceeds what the company owes, the state would write it a check for the difference.
Referred to the Committee on Commerce and Tourism
Reported without amendment
With the recommendation that the bill pass.
Amendment offered
by
To reduce the value of the proposed tax credit by 25 percent, and reduce it another 10 percent for each 10 percent increment of electricity the firm uses compared to the amount that is projected.
The amendment failed by voice vote
Passed in the Senate 35 to 2 (details)
Referred to the Committee on Energy and Technology
