2021 Senate Bill 771 / Public Act 136

Create new corporate subsidy program

Introduced in the Senate

Dec. 2, 2021

Introduced by Sen. Roger Victory (R-30)

To create one of the corporate subsidy accounts Senate Bill 769 would authorize, to be called the “Critical Industry Fund,” which would give grants and loans to certain companies to create jobs or job training.

Referred to the Committee on Government Operations

Dec. 9, 2021

Passed in the Senate 27 to 10 (details)

Received in the House

Dec. 14, 2021

Substitute offered by Rep. Ben Frederick (R-85)

The substitute passed by voice vote

Passed in the House 81 to 22 (details)

Received in the Senate

Dec. 14, 2021

Passed in the Senate 25 to 11 (details)

To create one of the corporate subsidy accounts Senate Bill 769 would authorize, to be called the “Critical Industry Fund,” which would give grants and loans to certain companies to create jobs or job training. See also House Bill 5603, which authorizes another piece of the scheme, and Senate Bill 85, which authorizes spending $1 billion in state revenue to pay for it all.

Signed by Gov. Gretchen Whitmer

Dec. 20, 2021