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2009 Senate Bill 418: Increase energy business subsidies

Public Act 144 of 2009

Introduced by Sen. Jason Allen (R) on March 31, 2009
To authorize a $60 million spending increase over three years for government grants and subsidies to energy technology projects undertaken by for-profit companies selected by certain state officials and appointees. This refers to so-called “centers of energy excellence” subsidies from the “21st Century Jobs Fund” fund that are used for matching federal or international grants.   Official Text and Analysis.
Referred to the Senate Commerce & Tourism Committee on March 31, 2009
Reported in the Senate on May 14, 2009
With the recommendation that the bill pass.
Substitute offered in the Senate on September 25, 2009
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 September 25, 2009
To authorize a $30 million spending increase (from $45 million to $75 million over several years) for government grants and subsidies to energy technology projects undertaken by for-profit companies selected by certain state officials and appointees. This refers to so-called “centers of energy excellence” subsidies from the “21st Century Jobs Fund” fund that are used for matching federal or international grants.
Received in the House on September 25, 2009
Referred to the House New Economy And Quality Of Life Committee on September 25, 2009
Reported in the House on October 7, 2009
Without amendment and with the recommendation that the bill pass.
Amendment offered by Rep. Tom McMillin (R) on November 4, 2009
To require members of the board of the Michigan Strategic Fund (which selects particular companies to be beneficiaries of targeted state tax breaks and subsidies) to disclose their own personal financial investment decisions made during the past five years.
The amendment failed by voice vote in the House on November 4, 2009
Amendment offered by Rep. Tom McMillin (R) on November 4, 2009
To require the Michigan Strategic Fund board to consider the effect that giving some companies these subsidies may have on other other businesses in the same industry (and presumably not give them the money if that effect was negative).
The amendment failed by voice vote in the House on November 4, 2009
Signed by Gov. Jennifer Granholm on November 13, 2009

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