2008 Senate Bill 1625: Establish state tax break for federal “new markets tax credits”

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Introduced by Sen. Randy Richardville (R) on November 12, 2008, to authorize a Michigan Business Tax credit based on a firm’s use of a federal “new markets tax credit,” which is a program that subsidizes capital investments or loans to certain business entities or individuals in low-income communities.
- Referred to the Senate Finance Committee on November 12, 2008.

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1) 2008 Senate Bill 1625 (Establish state tax break for federal “new markets tax credits” ) by admin on January 1, 2001
Introduced in the Senate on November 12, 2008

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