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2006 House Bill 5559: Authorize additional MEGA tax subsidies

Public Act 21 of 2006

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1) 2006 House Bill 5559 (Authorize additional MEGA tax subsidies )  by admin on January 1, 2001 
Introduced in the House on January 18, 2006, to remove from the law authorizing Michigan Economic Growth Authority (MEGA) tax breaks a provision that prohibits these from being granted to the Bioport company, which operates a Lansing vaccine laboratory owned by the state before 1995. Also, to make less stringent the requirement that a company seeking to obtain a MEGA tax break must promise to make certain capital investments on plant and equipment within a certain time

The vote was 105 in favor, 0 opposed and 3 not voting

(House Roll Call 23 at House Journal 7)

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