Introduced
by
To allow the “strategic economic investment and commercialization board” that is one component of the “<a href="http://www.michiganvotes.org/2005-HB-5047">21st Century Jobs Fund</a>” to provide subsidies in the form of convertible loans, equity investments, or warrants from another entity in this universe, a "Jobs for Michigan Investment Fund," and investments in yet another type, "Michigan Business Development Corporations." Also, to allow certain of these subsidies to go to "informational technology" firms.
Referred to the Committee on New Economy and Quality of Life
Reported without amendment
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one that narrows its scope to just allow the information technology firm subsidies.
The substitute passed by voice vote
Amendment offered
by
To prohibit “<a href="http://www.michiganvotes.org/2005-HB-5047">21st Century Jobs Fund</a>” subsidies from going to a firm that would be competing against any other business that is already located in Michigan.
The amendment failed by voice vote
Amendment offered
by
To prohibit “<a href="http://www.michiganvotes.org/2005-HB-5047">21st Century Jobs Fund</a>” subsidies from going to a firm unless it promises to only hire Michigan residents to do the subsidized work.
The amendment failed by voice vote
Amendment offered
by
To tie-bar the bill to Senate Bill 945, meaning this bill cannot become law unless that one does also. SB 945 would authorize county, city, township, village, or school district “right to work zones,” where, within the boundaries of the community, employers would be prohibited from compelling an employee or prospective employee to join or financially support a union as a condition of employment.
The amendment failed 41 to 65 (details)
Passed in the House 95 to 11 (details)
To allow “<a href="http://www.michiganvotes.org/2005-HB-5047">21st Century Jobs Fund</a>” subsidies to go to "information technology" firms.
Referred to the Committee on Commerce and Tourism
Reported without amendment
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Substitute offered
The substitute passed by voice vote
