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2008 Senate Bill 1223: Specify debt for tourism promotion subsidy program details

Public Act 98 of 2008

Introduced by Sen. Jason Allen (R) on March 19, 2008 To appropriate $60 million of the borrowed money deposited in the “21st Century Jobs Fund” for tourism industry promotion subsidies. See Senate Bills 1224 and 1225, which authorize new debt and refinancing existing debt for this purpose. Also, to locate the “Michigan Promotion Program” tasked with spending the money in the Michigan Strategic Fund. At least 75 percent of the money would have to be spent out of state.   Official Text and Analysis.
Referred to the Senate Commerce & Tourism Committee on March 19, 2008
Reported in the Senate on March 27, 2008 With the recommendation that the bill pass.
Substitute offered in the Senate on March 27, 2008 To replace the previous version of the bill with one that appropriates $50 million for the subsidies in 2008 rather than $60 million over three years.
The substitute passed by voice vote in the Senate on March 27, 2008
Passed 37 to 0 in the Senate on March 27, 2008.
    See Who Voted "Yes" and Who Voted "No".
To appropriate $50 million of the borrowed money deposited in the “21st Century Jobs Fund” for tourism industry promotion subsidies. See Senate Bills 1224 and 1225, which authorize new debt and refinancing existing debt for this purpose. Also, to locate the “Michigan Promotion Program” tasked with spending the money in the Michigan Strategic Fund. At least 75 percent of the money would have to be spent out of state.
Received in the House on April 8, 2008
Referred to the House Natural Resources, Tourism, and Outdoor Recreation Committee on April 8, 2008
Substitute offered by Rep. Kate Ebli (D) on April 16, 2008 To replace the previous version of the bill with one that appropriates $60 million for the subsidies rather than $50 million.
The substitute passed by voice vote in the House on April 16, 2008
Passed 92 to 15 in the House on April 16, 2008.
    See Who Voted "Yes" and Who Voted "No".
(same description)
To appropriate $60 million of the borrowed money deposited in the “21st Century Jobs Fund” for tourism industry promotion subsidies. See Senate Bills 1224 and 1225, which authorize new debt and refinancing existing debt for this purpose. Also, to locate the “Michigan Promotion Program” tasked with spending the money in the Michigan Strategic Fund. At least 75 percent of the money would have to be spent out of state.
Received in the Senate on April 17, 2008 To concur with the House-passed version of the bill.
Signed by Gov. Jennifer Granholm on April 18, 2008

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