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2009 Senate Bill 622: Give “rewards” to gas stations that increase ethanol sales
Introduced by Sen. Gerald Van Woerkom (R) on June 3, 2009
To give a subsidy to gas stations that increase ethanol sales above certain thresholds specified in the bill. The subsidy would be a refundable Michigan Business Tax credit, and the value would be between 2 cents and 6 cents per gallon of ethanol sold above the threshold. “Refundable” means that the state will send a gas station a check for the amount that the credit exceeds the owner’s tax liability..   Official Text and Analysis.
Referred to the Senate Finance Committee on June 3, 2009