2012 Senate Bill 1027

Ban government dealings with “Iran-linked” businesses

Introduced in the Senate

March 20, 2012

Introduced by Sen. Darwin Booher (R-35)

To prohibit the Michigan Strategic Fund from granting any corporate subsidy deals or favors to an “Iran-linked” business.

Referred to the Committee on Banking and Financial Services

May 15, 2012

Reported without amendment

With the recommendation that the substitute (S-2) be adopted and that the bill then pass.

June 6, 2012

Substitute offered

The substitute passed by voice vote

June 12, 2012

Passed in the Senate 38 to 0 (details)

Received in the House

June 12, 2012

Referred to the Committee on Banking and Financial Services