Introduced
by
To revise the procedures by which beneficiaries of the “<a href="http://www.michiganvotes.org/2005-HB-5047">21st Century Jobs Fund</a>” business subsidy program are selected, transferring authority from “independent experts” to political appointees on the Michigan Strategic Fund board. The bill would also reduce program reporting requirements; increase the amount certain grant recipients can spend for "overhead;" and make other changes.
Referred to the Committee on Economic Development
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
Passed in the Senate 35 to 2 (details)
Referred to the Committee on Commerce
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Passed in the House 97 to 11 (details)
To revise the procedures by which beneficiaries of the “<a href="http://www.michiganvotes.org/2005-HB-5047">21st Century Jobs Fund</a>” business subsidy program are selected, transferring authority from “independent experts” to political appointees on the Michigan Strategic Fund board. The bill would also reduce program reporting requirements; increase the amount certain grant recipients can spend for "overhead;" and make other changes.