To create a state “promotion fund” that would spend revenue from the $2.50 per day tax on car rentals proposed by House Bill 5017 on public relations campaigns to promote business development (presumably including things like “Jeff Daniels ads”).   Official Text and Analysis.

Without amendment and with the recommendation that the bill pass.

To revise a provision in the bill requiring a review of the "cost effectiveness" of using the foregone tax revenue to provide tourism industry subsidies, so as to require the "independent private entity" hired to perform the review from being one that benefits from any tourism related business.

To replace the previous version of the bill with one that revises details but does not change the substance as previously described.

To clarify a reference in the bill to another statute.

To revise a provision in the bill requiring a review of the "cost effectiveness" of using the foregone tax revenue to provide tourism industry subsidies, so as to require the "independent private entity" hired to perform the review from being one that benefits from any tourism related business.

To earmark to local government revenue sharing any revenue from the particular money flow the legislative package sets aside that exceeeds the amount it dedicates to tourism promotion subsidies.

To create a state “promotion fund” that would spend revenue from the $2.50 per day tax on car rentals proposed by House Bill 5017 on public relations campaigns to promote business development (presumably including things like “Jeff Daniels ads”).

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

To replace the previous version of the bill with one that would allow the proposed fund to borrow money through December 31, 2010.

To give control of this fund not to the Department of Treasury but instead to the Michigan Economic Development Corporation.

To authorize spending $9.5 million in the current year for the purposes proposed for this fund.

To create a state “promotion fund” that would spend the $9.5 million appropriated by Senate Bill 619, and any other money earmarked to it in the future, on state business development ads, and on subsidies for the tourism industry in the form of a government advertising campaign.