2013 House Bill 4783 / 2014 Public Act 447

Expand a corporate/developer subsidy regime

Introduced in the House

May 29, 2013

Introduced by Rep. Ed McBroom (R-108)

To authorize creation of a sixth “Next Michigan Development Corporation,” which is a government agency that gives tax breaks and subsidies to particular corporations or developers selected by political appointees on the entity's board for projects meeting extremely broad "multi-modal commerce" criteria (basically, any form of goods-related commerce).

Referred to the Committee on Commerce

June 11, 2014

Reported without amendment

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

Sept. 9, 2014

Passed in the House 83 to 27 (details)

To authorize creation of a seventh “Next Michigan Development Corporation,” which is a government agency that gives tax breaks and subsidies to particular corporations or developers selected by political appointees on the entity's board for projects meeting extremely broad "multi-modal commerce" criteria (basically, any form of goods-related commerce). This would probably be in Detroit (see also Senate Bill 398). In December, 2013 the legislature enacted a law authorizing sixth such entity, this in the Upper Peninsula.

Received in the Senate

Sept. 11, 2014

Referred to the Committee on Economic Development

Dec. 4, 2014

Reported without amendment

With the recommendation that the bill pass.

Dec. 17, 2014

Passed in the Senate 31 to 6 (details)

To authorize creation of a seventh “Next Michigan Development Corporation,” which is a government agency that gives tax breaks and subsidies to particular corporations or developers selected by political appointees on the entity's board for projects meeting extremely broad "multi-modal commerce" criteria (basically, any form of goods-related commerce). This would probably be in Detroit (see also Senate Bill 398). In December, 2013 the legislature enacted a law authorizing sixth such entity, this in the Upper Peninsula.

Signed by Gov. Rick Snyder

Dec. 27, 2014