2018 House Bill 6574

Revise corporate subsidy payout details

Introduced in the House

Dec. 4, 2018

Introduced by Rep. Jim Tedder (R-43)

To revise details of the requirements and process for a successor owner upon acquiring one of the relative handful of large companies including the Big Three automakers that were granted up to $9 billion worth of taxpayer subsidies (styled as “refundable business tax credits”) over a 20 year period in the last years of the Granholm administration.

Referred to the Committee on Tax Policy