2009 House Bill 4674 / Public Act 159

Revise details of Hemlock Semi subsidy

Introduced in the House

March 19, 2009

Introduced by Rep. Jeff Mayes (D-96)

To revise various details of the formula used to calculate the subsidies/tax credits granted to Hemlock Semiconductor in a deal authorized by <a href="http://www.michiganvotes.org/2008-HB-5898">Public Act 270 of 2008</a> and other bills signed into law in 2008.

Referred to the Committee on New Economy and Quality of Life

April 22, 2009

Reported without amendment

Without amendment and with the recommendation that the bill pass.

May 5, 2009

Passed in the House 104 to 5 (details)

Received in the Senate

May 7, 2009

Referred to the Committee on Commerce and Tourism

June 11, 2009

Reported without amendment

With the recommendation that the substitute (S-1) be adopted and that the bill then pass.

Nov. 12, 2009

Substitute offered

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

Amendment offered by Sen. Mark Jansen (R-28)

To require additional disclosures by the Michigan Economic Growth Authority regarding details in the formula by which these subsidies are calculated, which includes taxes payed and new jobs created by suppliers and customers of the "anchor" company.

The amendment passed by voice vote

Passed in the Senate 37 to 0 (details)

To revise various details of the formula used to calculate the subsidies/tax credits granted to Hemlock Semiconductor in a deal authorized by <a href="http://www.michiganvotes.org/2008-HB-5898">Public Act 270 of 2008</a> and other bills signed into law in 2008.

Received in the House

Nov. 12, 2009

Passed in the House 94 to 5 (details)

Signed by Gov. Jennifer Granholm

Dec. 11, 2009