A bill to allow the state of Michigan to enter into the company-specific subsidy interstate compact and for purposes related to the compact.
Proposing Michigan's entry into the company-specific subsidy interstate compact. This compact aims to regulate and potentially limit company-specific subsidies and tax incentives, advocating for a level playing field by prohibiting such practices among member states, unless all 50 states join. It specifies that existing subsidies are unaffected unless altered, and workforce development grants are excluded due to their broader employee benefits.
Introduced
by
Referred to the Committee on Economic Development and Small Business
