2003 Senate Bill 540 ↩

Senate Roll Call 354: The amendment was not adopted

To add $10 million for a grant to create a life sciences research and commercialization center in the Kalamazoo area, intended to keep in the area 75 to 100 scientists and support staff formerly employed by the Pfizer/Pharmacia Corporation. The $10 million will come from money that would have been used for a targeted tax credit that Pfizer will not receive, because current law makes the credit contingent on creating a certain number of new jobs. Some form of this project had previously been contained in various versions of the Higher Education and Michigan Strategic Fund budgets.