2006 House Bill 6035 ↩
Senate Roll Call 527:
Passed
To establish a definition of "full time work" for purposes of granting Single Business Tax (SBT) breaks under the Michigan Economic Growth Authority (MEGA) law, which requires firms to add or retain a certain number of jobs to qualify. "Full-time job" would include a job performed by an individual at a business that sells all or part of its assets to an eligible business that is receiving a MEGA SBT credit. Also, to allow MEGA tax breaks for firms engaged in "competitive edge technology" projects.