2004 House Bill 5445 (Require MEGA "distressed businesses" tax credit report)

Public Act 80 of 2004

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• Introduced by Rep. Bill Huizenga on February 3, 2004, to revise references to the Michigan Economic Growth Authority law (MEGA) that are contained in the single business tax law, so that the statute will conform to other recent changes in the MEGA law.
  • Referred to the House Commerce Committee on February 3, 2004.
    • Reported in the House on February 4, 2004, without amendment and with the recommendation that the bill pass.
• Passed in the House (106 to 0) on February 19, 2004. [Vote Details and Comments]
• Received in the Senate on February 24, 2004.
  • Referred to the Senate Commerce and Labor Committee on February 24, 2004.
    • Reported in the Senate on March 30, 2004, with the recommendation that the substitute (S-1) be adopted and that the bill then pass.
  • Substitute offered in the Senate on March 31, 2004, to replace the previous version of the bill with one that requires the Michigan Economic Growth Authority (MEGA) to report to the Legislature details on the tax credits granted to "distressed businesses". The substitute passed in the Senate by voice vote on March 31, 2004.
• Passed in the Senate (37 to 0) on March 31, 2004, to require the Michigan Economic Growth Authority (MEGA) to report to the legislature details on the tax credits granted to "distressed businesses." This is part of a legislative package that would provide targeted tax breaks for Federal Mogul Corporation. [Vote Details and Comments]
• Received in the House on March 31, 2004.
• Passed in the House (105 to 0) on April 1, 2004, to concur with the Senate-passed version of the bill, which requires the Michigan Economic Growth Authority (MEGA) to report to the legislature details on the tax credits granted to "distressed businesses." This is part of a legislative package that would provide targeted tax breaks for Federal Mogul Corporation. [Vote Details and Comments]
• Signed by Gov. Jennifer Granholm on April 21, 2004.

Comments

Introduced by Rep. Bill Huizenga on February 3, 2004. Passed in the House (106 to 0) on February 19, 2004. New Comment