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2013 Senate Bill 398: Expand a corporate/developer subsidy regime

Public Act 446 of 2014

Introduced by Sen. Bruce Caswell (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 Senate Economic Development Committee on May 29, 2013
Reported in the Senate on September 19, 2013
With the recommendation that the bill pass.
Received in the House on September 26, 2013
Referred to the House Commerce Committee on September 26, 2013
Reported in the House on June 11, 2014
With the recommendation that the substitute (H-2) be adopted and that the bill then pass.
Passed 81 to 28 in the House on December 18, 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 one would be in Detroit.
Received in the Senate on December 18, 2014
Passed 33 to 5 in the Senate on December 18, 2014.
    See Who Voted "Yes" and Who Voted "No".
To concur with the House-passed version of the bill, which authorizes a Detroit version of this subsidy-granting entity.
Signed by Gov. Rick Snyder on December 31, 2014

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