To authorize a nonrefundable Michigan Business Tax credit equal to 30 percent of the costs incurred by a gas station to convert existing pumps and tanks, or acquire new ones that deliver E85 ethanol or biodiesel fuel, up to $20,000 per taxpayer per year. A total of no more than $1 million in credits would be allowed per calendar year.
35 Yeas / 3 Nays | |
---|---|
Republican (18 Yeas / 3 Nays) | |
---|---|
Democrat (17 Yeas / 0 Nays) | |
---|---|
|