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2006 House Bill 5559: Authorize additional MEGA tax subsidies

Public Act 21 of 2006

Introduced by Rep. Scott Hummel (R) on January 18, 2006
To remove from the law authorizing Michigan Economic Growth Authority (MEGA) tax breaks a provision that prohibits these from being granted to the Bioport company, which operates a Lansing vaccine laboratory owned by the state before 1995.   Official Text and Analysis.
Referred to the House Commerce Committee on January 18, 2006
Reported in the House on January 24, 2006
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Substitute offered in the House on January 26, 2006
To replace the previous version of the bill with one that makes less stringent the requirement that a company seeking to obtain a MEGA tax break must promise to make certain capital investments on plant and equipment within the state within a certain time.
The substitute passed by voice vote in the House on January 26, 2006
To remove from the law authorizing Michigan Economic Growth Authority (MEGA) tax breaks a provision that prohibits these from being granted to the Bioport company, which operates a Lansing vaccine laboratory owned by the state before 1995. Also, to make less stringent the requirement that a company seeking to obtain a MEGA tax break must promise to make certain capital investments on plant and equipment within a certain time.
Received in the Senate on January 31, 2006
Referred to the Senate Commerce and Labor Committee on January 31, 2006
Reported in the Senate on February 2, 2006
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Substitute offered in the Senate on February 2, 2006
To replace the previous version of the bill with one that revises details but does not change the substance of the bill as previously described.
The substitute passed by voice vote in the Senate on February 2, 2006
Received in the House on February 3, 2006
To concur with the Senate-passed version of the bill.
Signed by Gov. Jennifer Granholm on February 14, 2006

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