2001 Senate Bill 516 / Public Act 249

Introduced in the Senate

May 30, 2001

Introduced by Sen. Don Koivisto (D-38)

To establish a single business tax credit for the consumption of qualified low-grade hematite (iron ore) in an industrial or manufacturing process.

Referred to the Committee on Finance

Nov. 8, 2001

Amendment offered

To more clearly specify that the tax credit applies to pellets, not raw ore.

The amendment passed by voice vote

Passed in the Senate 34 to 0 (details)

Received in the House

Nov. 8, 2001

To establish a single business tax credit for the consumption of qualified low-grade hematite (iron ore) in an industrial or manufacturing process.

Dec. 12, 2001

Amendment offered by Rep. Nancy Cassis (R-38)

To specify that the proposed tax credit applies to low grade hematite (iron ore).

The amendment passed by voice vote

Passed in the House 96 to 0 (details)

Received in the Senate

Dec. 12, 2001

To establish a single business tax credit for the consumption of qualified low-grade hematite (iron ore) in an industrial or manufacturing process.

Dec. 13, 2001

Passed in the Senate 35 to 0 (details)

To concur with the House-passed version of the bill.

Received in the House

Dec. 13, 2001

Signed by Gov. John Engler

Dec. 31, 2001