Public Act 580 of 2008

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• Introduced by Rep. Lee Gonzales (D) on November 6, 2008, to authorize a refundable Michigan Business Tax for makers of plug-in traction battery packs used in electric cars. “Refundable” means that the state will send a manufacturer a check for the amount that the credit exceeds the firm’s tax liability.
  • Referred to the House Tax Policy Committee on November 6, 2008.
    • Substitute offered by Rep. Steve Bieda (D) on December 4, 2008, to replace the previous version of the bill with one that bases the amount of the subsidies on the battery capacity of the units produced, and research and development expenses. The substitute passed by voice vote in the House on December 4, 2008.
    • Amendment offered by Rep. Lee Gonzales (D) on December 4, 2008. The amendment passed by voice vote in the House on December 4, 2008.
• Passed 100 to 0 in the House on December 4, 2008, to authorize refundable Michigan Business Tax credit for makers of plug-in traction battery packs used in electric cars. Additional credits would be available for research and development expenses. “Refundable” means that the state will send a manufacturer a check for the amount that the credit exceeds the firm’s tax liability Altogether the bill authorizes some $500 million in subsidies for automakers over seven years.
  Who Voted "Yes" and Who Voted "No"
• Received in the Senate on December 10, 2008.
  • Referred to the Senate Commerce & Tourism Committee on December 10, 2008.
    • Reported in the Senate on December 11, 2008, with the recommendation that the bill pass.
    • Substitute offered in the Senate on December 19, 2008, to replace the previous version of the bill with one that revises details of the proposed subsidies and lowers their overall size to around $300 million. The substitute passed by voice vote in the Senate on December 19, 2008.
• Passed 31 to 3 in the Senate on December 19, 2008, to authorize refundable Michigan Business Tax credit for makers of plug-in traction battery packs used in electric cars. Additional credits would be available for research and development expenses. “Refundable” means that the state will send a manufacturer a check for the amount that the credit exceeds the firm’s tax liability Altogether the bill authorizes some $335 million in subsidies, including $100 million for the construction of a battery plant.
  Who Voted "Yes" and Who Voted "No"
• Received in the House on December 19, 2008, to concur with the Senate-passed version of the bill, which authorizes some $300 million in subsidies. Passed 94 to 0 in the House on December 19, 2008.
  Who Voted "Yes" and Who Voted "No"
• Signed by Gov. Jennifer Granholm on January 14, 2009.