To give a deadline extension to a particular developer who was granted a $10 million state income tax "credit" for a project in Detroit to be completed within a specified time period. Without this bill the developer would not get the tax credit, which also make him eligible for an $8.5 million check from the state Treasury, because 85% of this "credit" is "refundable," meaning payable in cash.
87 Yeas / 22 Nays | |
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Excused or Not Voting (1) | |
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