To extend the payback period of the $5 million taxpayer-subsidized loan authorized by <a href="http://www.michiganvotes.org/2004-SB-1349">Public Act 342 of 2004</a>, requiring annual payments of $500,000. The loan was to a Saginaw-area sugar beet growers' cooperative to purchase the assets of the Monitor Sugar processing company.
81 Yeas / 23 Nays | |
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Excused or Not Voting (6) | |
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