2007 Senate Bill 944 (Authorize hybrid vehicle research tax break )

Public Act 214 of 2007

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Introduced by Sen. John Pappageorge (R) on November 30, 2007, to authorize a credit against the Michigan Business Tax equal to 3.9 percent of employee compensation costs for research and development done at a hybrid automotive drive train research center in Troy established by GM, Chrysler and BMW, with a maximum annual credit of $3 million.
- Referred to the Senate Finance Committee on November 30, 2007.
- Substitute offered in the Senate on December 6, 2007, to replace the previous version of the bill with one that caps the credit at $2 million annually. The substitute passed in the Senate by voice vote on December 6, 2007.
Passed in the Senate (36 to 1) on December 6, 2007, to authorize a credit against the Michigan Business Tax equal to 3.9 percent of employee compensation costs for research and development done at a hybrid automotive drive train research center in Troy established by GM, Chrysler and BMW, with a maximum annual credit of $2 million. [Vote Details and Comments]
Received in the House on December 6, 2007.
- Referred to the House Tax Policy Committee on December 6, 2007.
- Substitute offered by Rep. Steve Bieda (D) on December 13, 2007, to replace the previous version of the bill with one that revises details but does not change the substance of the bill as previously described. The substitute passed in the House by voice vote on December 13, 2007.
Passed in the House (106 to 1) on December 13, 2007, to authorize a credit against the Michigan Business Tax equal to 3.9 percent of employee compensation costs for research and development done at a hybrid automotive drive train research center in Troy established by GM, Chrysler and BMW, with a maximum annual credit of $2 million. [Vote Details and Comments]
Received in the Senate on December 13, 2007, to concur with the House-passed version of the bill. Passed in the Senate (32 to 1) on December 13, 2007. [Vote Details and Comments]
Signed by Gov. Jennifer Granholm on December 27, 2007.

Most Recent Comments

1) No Tax Giveaways [by Anonymous Citizen on December 17, 2007]
if this is a good idea, capitalism will make it fly. If not let if rot.
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2) Sen. Cassis' "no vote explanation" [by Admin003 on December 7, 2007]
Senator Cassis, under her constitutional right of protest (Art. 4, Sec. 18), protested against the passage of Senate Bill No.944.

Senator Cassis' statement is as follows:

Bold headlines in a leading newspaper today read, "Granholm: I'll never raise taxes again. The most important thing I learned this year is that I am not ever going to raise taxes again." My fellow Senators, our chief executive seems to have had a new revelation and has proclaimed to her subjects, not just in a church confessional. My question this morning is, will my fellow Senators follow their leader? Senate Bill No.94, besides being unfair in choosing winners, calls on us to provide funds. Where will this body find those necessary funds? Will it be shift and shaft or raise taxes? Is this body sending another dose of cynicism and disbelief to our electorate?

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3) 2007 Senate Bill 944 (Authorize hybrid vehicle research tax break ) [by admin on January 1, 2001]
Introduced in the Senate on November 30, 2007, to authorize a credit against the Michigan Business Tax equal to 3.9 percent of employee compensation costs for research and development done at a hybrid automotive drive train research center in Troy established by GM, Chrysler and BMW, with a maximum annual credit of $2 million

The vote was 36 in favor, 1 opposed and 1 not voting

(Senate Roll Call 546 at Senate Journal 128)

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