Introduced
by
To reduce from $600 million to $450 million the total amount of subsidies or tax breaks that may be delivered to firms who made deals with the state guaranteeing them a certain return on investments in “early stage ventures” under a <a href="https://www.michiganvotes.org/2003-SB-834">2003 law</a>. See also House Bills 4195 and 4196.
Referred to the Committee on Commerce and Trade
Reported without amendment
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Passed in the House 108 to 2 (details)
To reduce from $600 million to $450 million the total amount of subsidies or tax breaks that may be delivered to firms who made deals with the state guaranteeing them a certain return on investments in “early stage ventures” under a <a href="http://www.michiganvotes.org/2003-SB-834">2003 law</a>. See also House Bills 4195 and 4196.
Referred to the Committee on Economic Development
Reported without amendment
With the recommendation that the bill pass.
Passed in the Senate 36 to 0 (details)
To reduce from $600 million to $450 million the total amount of subsidies or tax breaks that may be delivered to firms who made deals with the state guaranteeing them a certain return on investments in “early stage ventures” under a <a href="http://www.michiganvotes.org/2003-SB-834">2003 law</a>. See also House Bills 4195 and 4196.
