2016 Senate Bill 1061 ↩
Senate Roll Call 631:
Passed
To authorize a new way of giving state subsidies to certain developers and business owners selected by political appointees on local brownfield authority boards and the state Strategic Fund board. This would use the device of “abating” a particular firm's income tax withholding to give virtual cash subsidies to select business owners. This would reduce state revenue available for other purposes. See also Senate Bills 1153 and 1154, which are reportedly intended to deliver even larger subsidies to Detroit developer Dan Gilbert and possibly others around the state.