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2009 Senate Bill 777: Authorize $100 million renewable power conversion manufacturer subsidy

Public Act 110 of 2009

  1. Introduced by Sen. Tony Stamas (R) on August 27, 2009, to give a four-year, $100 million subsidy to a joint venture of the "Xtreme Power" and "Clairvoyant Energy" corporations, which would make “large scale power systems designed to convert variable renewable power into firm dispatchable power” at the fomer Ford Wixom assembly plant. The subsidy is structured as a "refundable" tax credit, meaning the state will send the company a check for the amount that the credit exceeds its tax liability.
    • Referred to the Senate Commerce & Tourism Committee on August 27, 2009.
      • Reported in the Senate on September 10, 2009, with the recommendation that the substitute (S-1) be adopted and that the bill then pass.
    • Substitute offered in the Senate on September 10, 2009. The substitute passed by voice vote in the Senate on September 10, 2009.
  2. Passed 33 to 2 in the Senate on September 10, 2009.
    Who Voted "Yes" and Who Voted "No"

  3. Received in the House on September 10, 2009.
    • Referred to the House New Economy And Quality Of Life Committee on September 10, 2009.
      • Reported in the House on September 23, 2009, without amendment and with the recommendation that the bill pass.
  4. Passed 96 to 11 in the House on September 29, 2009, to give a four-year, $100 million subsidy to a joint venture of the "Xtreme Power" and "Clairvoyant Energy" corporations, which would make “large scale power systems designed to convert variable renewable power into firm dispatchable power” at the fomer Ford Wixom assembly plant. The subsidy is structured as a "refundable" tax credit, meaning the state will send the company a check for the amount that the credit exceeds its tax liability.
    Who Voted "Yes" and Who Voted "No"

  5. Signed by Gov. Jennifer Granholm on October 6, 2009.

Comments

Re: 2009 Senate Bill 777 (Authorize $100 million renewable power conversion manufacturer subsidy )  by jercommm on December 9, 2011 

It's not about green energy.


It's about the color green$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$



Re: 2009 Senate Bill 777 (Authorize $100 million renewable power conversion manufacturer subsidy )  by Admin003 on October 1, 2009 

 


Rep. Miller, having reserved the right to explain his protest against the passage of Senate Bill No. 777, made the following statement:


“Mr. Speaker and members of the House:


It is ironic to me that on the very day we are struggling to balance the state budget, fund our priorities, and fix a structural deficit problem we are forking over another $25 million dollars in a targeted tax cut to benefit a single enterprise. While advanced battery technology may well be a part of Michigan’s future economy, this carve-out is as much an expenditure of taxpayer resources as any line item in the state budget and one I think we cannot afford right now. Put it into early childhood education instead. “



Re: 2009 Senate Bill 777 (Authorize $100 million renewable power conversion manufacturer subsidy )  by changeagent on September 30, 2009 

 How much money are we going to poor into "green" energy to supposedly create jobs?  We have to pay higher utility rates to pay for green energy now, plus more and more subsidies to companies like this.  How about tax cuts across the board to create jobs?



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