Introduced
by
To remove the refundability provision of the “anchor company” tax breaks authorized by <a href="http://www.michiganvotes.org/2008-SB-1115">Senate Bill 1115</a> and <a href="http://www.michiganvotes.org/2008-HB-5858">House Bill 5858</a>. “Refundable” tax credit means that if the credit exceeds the recipient’s tax liability, the state sends the company a check for the difference.
Referred to the Committee on Finance