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• Introduced by Sen. Alan Sanborn (R) on November 4, 2003, to extend the Dec. 31, 2003 sunset of the Michigan Economic Growth Authority (MEGA) until Dec. 31, 2009. MEGA is authorized to grant tax credits to companies that promise (but are not required to guarantee) to create or retain a certain number of jobs. The bill would add a provision requiring a Department of Treasury audit of whether the promised new jobs have been delivered.
  • Referred to the Senate Commerce and Labor Committee on November 4, 2003.
    • Reported in the Senate on November 6, 2003, with the recommendation that the bill pass.
  • Amendment offered in the Senate on November 12, 2003, to eliminate a provision requiring the Department of Treasury to audit whether the new jobs promised by a MEGA beneficiary have been delivered, and instead require the beneficiary to provide an independent audit with the information. The amendment was recommended by the "Committee of the Whole," not a particular Senator. The amendment passed in the Senate by voice vote on November 12, 2003.
  • Substitute offered by Sen. Mark Schauer (D) on November 12, 2003, to replace the previous version of the bill with one which eliminates a provision requiring the Department of Treasury to audit whether the new jobs promised by a MEGA beneficiary have been delivered. See the committee amendment, which did something similar. The substitute also clarifies a provision of the departmental reorganization required by the creation of a state Department of Labor and Economic Growth under Executive Order No. 2003-18. The substitute failed in the Senate by voice vote on November 12, 2003.
• Passed in the Senate (38 to 0) on November 12, 2003, to extend the Dec. 31, 2003 sunset of the Michigan Economic Growth Authority (MEGA) until Dec. 31, 2009. MEGA is authorized to grant tax credits to companies that promise (but are not required to guarantee) to create or retain a certain number of jobs. The bill would add a provision requiring a MEGA beneficiary firm to provide an independent audit each year showing whether the new jobs it promised have been delivered. [Vote Details and Comments]
• Received in the House on November 12, 2003.
  • Referred to the House Commerce Committee on November 12, 2003.
    • Reported in the House on December 3, 2003, with the recommendation that the substitute (H-1) be adopted and that the bill then pass.
  • Substitute offered by Rep. Tupac Hunter (D) and Rep. Randy Richardville (R) on September 9, 2004, to replace the previous version of the bill with one that would revise a prohibition on Single Business Tax credits for sports stadium projects, so as to allow the Detroit Lions owner to claim a credit on a new hotel and restaurant that would be built adjacent to his Ford Field stadium in Detroit. The substitute passed in the House by voice vote on September 9, 2004.
• Passed in the House (86 to 21) on September 9, 2004, to revise a prohibition on Single Business Tax credits for sports stadium projects, so as to allow the Detroit Lions owner to claim a credit on a new hotel and restaurant that would be built adjacent to his Ford Field stadium in Detroit. [Vote Details and Comments]
• Received in the Senate on September 9, 2004.
  • Referred to the Senate Commerce and Labor Committee on October 5, 2004.