Introduced
by
To revise the a provision related to the firms who are the beneficiaries of state electric car battery subsidies. The bill would specify that the financing for the deal may come from tax-exempt federal “recovery zone facility” bonds or from conventional financing. Reportedly this applies to the<a href="http://www.michiganvotes.org/2009-SB-777">$100 million subsidy</a> for the "Xtreme Power" and "Clairvoyant Energy" corporation joint venture at the fomer Ford Wixom assembly plant.
Referred to the Committee on Commerce and Tourism
Reported without amendment
With the recommendation that the bill pass.
Passed in the Senate 36 to 1 (details)
Referred to the Committee on New Economy and Quality of Life
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Passed in the House 96 to 10 (details)
To revise the a provision related to the firms who are the beneficiaries of state electric car battery subsidies. The bill would specify that the financing for the deal may come from tax-exempt federal “recovery zone facility” bonds or from conventional financing. Reportedly this applies to the<a href="http://www.michiganvotes.org/2009-SB-777">$100 million subsidy</a> for the "Xtreme Power" and "Clairvoyant Energy" corporation joint venture at the fomer Ford Wixom assembly plant.
