Introduced by Sen. Mike Kowall (R) on February 7, 2012
To revise the procedures by which beneficiaries of the “21st Century Jobs Fund” business subsidy program are selected, transferring authority from “independent experts” to political appointees on the Michigan Strategic Fund board. The bill would also reduce program reporting requirements; increase the amount certain grant recipients can spend for "overhead;" and make other changes. Official Text and Analysis.
Referred to the Senate Economic Development Committee on February 7, 2012
Reported in the Senate on February 9, 2012
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Substitute offered in the Senate on February 22, 2012
The substitute passed by voice vote in the Senate on February 22, 2012