2016 House Bill 5787

Give some investors $200,000 state tax credits

Introduced in the House

July 13, 2016

Introduced by Rep. Jeff Farrington (R-30)

To give the board of the state’s main “economic development” department, the Michigan Strategic Fund (the “parent” agency of the Michigan Economic Development Corporation), the duty of determining which businesses and which investors get the $200,000 tax credits proposed by House Bill 5786.

Referred to the Committee on Tax Policy

Sept. 14, 2016

Reported without amendment

Without amendment and with the recommendation that the bill pass.