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Legislation watch
2021 Senate Bill 671: Repeal requirement that corporate subsidy scheme benefit state economy
Public Act 138 of 2021
Introduced by Sen. Kenneth Horn R-Frankenmuth on September 30, 2021
To revise a "brownfields" law used to give subsidies to particular developers by stripping-out provisions requiring that the transfer of state revenue to a developer “result in an overall positive fiscal impact to this state.” The bill would authorize subsidies of up to $10 million to each beneficiary, which recipients could collect by essentially getting a portion of employees' or residents’ income tax. Official Text and Analysis.
Referred to the Senate Economic and Small Business Development Committee on September 30, 2021
Reported in the Senate on November 3, 2021
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Received in the House on November 10, 2021
Referred to the House Government Operations Committee on November 10, 2021
Reported in the House on December 8, 2021
Without amendment and with the recommendation that the bill pass.
Signed by Gov. Gretchen Whitmer on December 23, 2021