Introduced
by
To revise references in the Michigan Business Tax law so as to reflect the merger of the Department of Environmental Quality and the Department of Natural Resources. This is part of a legislative package comprised of Senate Bills 806 to 824 which would amend various public acts so as to (re)combine the two departments. The bill was subsequently used as a "vehicle" to authorize new electric car battery maker tax breaks and subsidies.
Referred to the Committee on Appropriations
Reported without amendment
With the recommendation that the bill pass.
Passed in the Senate 22 to 15 (details)
Referred to the Committee on Government Operations
Substitute offered
by
To use the bill as a "vehicle" (along with House Bill 5469) to authorize a total of up to $120 million in subsidies for three electric car battery makers, and establishes eligibility criteria and production benchmarks for these. The maximum subsidy for any one of the firms would be $78 million. The bill also revises details in previous authorizations of other business subsidies, including four $100 million battery maker subsidies.
The substitute passed by voice vote
Passed in the House 98 to 4 (details)
To authorize (along with House Bill 5469) a total of up to $120 million in subsidies for three electric car battery makers, Ford, GM and a German company called "Fortu." The maximum subsidy for any one of the firms would be $78 million, with the amount determined by certain specified production and investment benchmarks, and revise details of certain other business subsidy programs.
To concur with the House-passed version of the bill, which along with House Bill 5469, would authorize a total of up to $120 million in subsidies for three electric car battery makers, Ford, GM and a German company called "Fortu".
Passed in the Senate 34 to 0 (details)