To authorize a credit against the Michigan Business Tax equal to 3.9 percent of employee compensation costs for research and development done at a hybrid automotive drive train research center in Troy established by GM, Chrysler and BMW, with a maximum annual credit of $2 million.
36 Yeas / 1 Nay | |
---|---|
Republican (19 Yeas / 1 Nay) | |
---|---|
Democrat (17 Yeas / 0 Nays) | |
---|---|
|
Excused or Not Voting (1) | |
---|---|