Introduced
by
To extend a sunset date from 2010 to 2014 for claiming a brownfield tax credit of up to 20 percent for an investment in an “urban development area project.” Without the change the tax break would be 15 percent, not 20 percent.
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.
Referred to the Committee on Finance
Substitute offered
To replace the previous version of the bill with one that adds a "no convicted felons need apply" provision to the law authorizing Michigan Economic Growth Authority tax breaks and subsidies. This comes several weeks after it was revealed that a convicted felon was granted a $9.1 million MEGA credit/subsidy for what appears to be a "phantom" company.
The substitute passed by voice vote
Amendment offered
by
To clarify a technical detail of one provision in the statute being amended.
The amendment passed by voice vote
Passed in the House 99 to 6 (details)