2003 Senate Bill 835 / Public Act 297

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Introduced in the Senate

Nov. 6, 2003

Introduced by Sen. Tom George (R-20)

To provide transferable Single Business Tax credits to investors in companies selected by the early stage venture capital investment corporation proposed by Senate Bill 834. See also House Bills 5320 to 5322.

Referred to the Committee on Commerce and Labor

Dec. 2, 2003

Reported without amendment

With the recommendation that the bill pass.

Dec. 4, 2003

Passed in the Senate 37 to 0 (details)

Received in the House

Dec. 4, 2003

Referred to the Committee on Commerce

Dec. 9, 2003

Reported without amendment

With the recommendation that the substitute (H-1) be adopted and that the bill then pass.

Dec. 10, 2003

Substitute offered

To replace the previous version of the bill with one which incorporates technical changes that do not affect the substance of the bill as previously described.

The substitute passed by voice vote

Passed in the House 96 to 12 (details)

To provide transferable Single Business Tax credits to investors in companies selected by the early stage venture capital investment corporation proposed by Senate Bill 834. See also House Bills 5320 to 5322.

Received in the Senate

Dec. 11, 2003

Dec. 17, 2003

Passed in the Senate 36 to 0 (details)

Signed by Gov. Jennifer Granholm

Dec. 31, 2003