2008 House Bill 6611 ↩

Senate Roll Call 922: Passed

To authorize refundable Michigan Business Tax credit for makers of plug-in traction battery packs used in electric cars. Additional credits would be available for research and development expenses. “Refundable” means that the state will send a manufacturer a check for the amount that the credit exceeds the firm’s tax liability Altogether the bill authorizes some $335 million in subsidies, including $100 million for the construction of a battery plant.