2009 Senate Bill 777 / Public Act 110

Authorize $100 million battery manufacturer subsidy

Introduced in the Senate

Aug. 27, 2009

Introduced by Sen. Tony Stamas (R-36)

To give a four-year, $100 million subsidy to a joint venture of the "Xtreme Power" and "Clairvoyant Energy" corporations, which would make “large scale power systems designed to convert variable renewable power into firm dispatchable power” at the fomer Ford Wixom assembly plant. The subsidy is structured as a "refundable" tax credit, meaning the state will send the company a check for the amount that the credit exceeds its tax liability.

Referred to the Committee on Commerce and Tourism

Sept. 10, 2009

Reported without amendment

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

Substitute offered

The substitute passed by voice vote

Passed in the Senate 33 to 2 (details)

Received in the House

Sept. 10, 2009

Referred to the Committee on New Economy and Quality of Life

Sept. 23, 2009

Reported without amendment

Without amendment and with the recommendation that the bill pass.

Sept. 29, 2009

Passed in the House 96 to 11 (details)

To give a four-year, $100 million subsidy to a joint venture of the "Xtreme Power" and "Clairvoyant Energy" corporations, which would make “large scale power systems designed to convert variable renewable power into firm dispatchable power” at the fomer Ford Wixom assembly plant. The subsidy is structured as a "refundable" tax credit, meaning the state will send the company a check for the amount that the credit exceeds its tax liability.

Signed by Gov. Jennifer Granholm

Oct. 6, 2009