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2013 House Bill 4783: Expand a corporate/developer subsidy regime

Public Act 447 of 2014

Introduced by Rep. Ed McBroom (R) on May 29, 2013
To authorize creation of a sixth “Next Michigan Development Corporation,” which is a government agency that gives tax breaks and subsidies to particular corporations or developers selected by political appointees on the entity's board for projects meeting extremely broad "multi-modal commerce" criteria (basically, any form of goods-related commerce).   Official Text and Analysis.
Referred to the House Commerce Committee on May 29, 2013
Reported in the House on June 11, 2014
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Passed 83 to 27 in the House on September 9, 2014.
    See Who Voted "Yes" and Who Voted "No".
To authorize creation of a seventh “Next Michigan Development Corporation,” which is a government agency that gives tax breaks and subsidies to particular corporations or developers selected by political appointees on the entity's board for projects meeting extremely broad "multi-modal commerce" criteria (basically, any form of goods-related commerce). This would probably be in Detroit (see also Senate Bill 398). In December, 2013 the legislature enacted a law authorizing sixth such entity, this in the Upper Peninsula.
Received in the Senate on September 11, 2014
Referred to the Senate Economic Development Committee on September 11, 2014
Reported in the Senate on December 4, 2014
With the recommendation that the bill pass.
Signed by Gov. Rick Snyder on December 27, 2014

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