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2018 House Bill 6064: Authorize new corporate subsidy program

Public Act 423 of 2018

Introduced by Rep. Jason Wentworth R-Clare on May 23, 2018
To authorize a new program to give up to $50 million in state taxpayer subsidies to some private business owners through a device the bill would create called a “rural development fund”.   Official Text and Analysis.
Referred to the House Michigan Competitiveness on May 23, 2018
Reported in the House on June 6, 2018
Without amendment and with the recommendation that the bill pass.
Received in the Senate on November 8, 2018
Referred to the Senate Economic Development and International Investment Committee on November 8, 2018
Reported in the Senate on December 4, 2018
With the recommendation that the substitute (S-2) be adopted and that the bill then pass.
To authorize a new program to give up to $30 million annually in state taxpayer subsidies to some private business owners through a device the bill would create called a “rural development fund”.
Received in the House on December 11, 2018
To concur with the Senate-passed version of the bill.
Signed by Gov. Rick Snyder on December 19, 2018