Introduced
by
To revise the state income tax law in a manner that would allow the current owner of the former River Rouge steel plant to collect “refundable” tax credits that were originally projected to cost $28 million, but which reportedly could be more. The bill is part of a package with House Bill 5558, which appear to be on a “fast track” in the House with a committee hearing scheduled within a week of the bill’s introduction.
Referred to the Committee on Tax Policy
Reported without amendment
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
