2006 House Bill 5559 / Public Act 21

Authorize additional MEGA tax subsidies

Introduced in the House

Jan. 18, 2006

Introduced by Rep. Scott Hummel (R-93)

To remove from the law authorizing Michigan Economic Growth Authority (MEGA) tax breaks a provision that prohibits these from being granted to the Bioport company, which operates a Lansing vaccine laboratory owned by the state before 1995.

Referred to the Committee on Commerce

Jan. 24, 2006

Reported without amendment

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

Jan. 26, 2006

Substitute offered

To replace the previous version of the bill with one that makes less stringent the requirement that a company seeking to obtain a MEGA tax break must promise to make certain capital investments on plant and equipment within the state within a certain time.

The substitute passed by voice vote

Passed in the House 105 to 0 (details)

To remove from the law authorizing Michigan Economic Growth Authority (MEGA) tax breaks a provision that prohibits these from being granted to the Bioport company, which operates a Lansing vaccine laboratory owned by the state before 1995. Also, to make less stringent the requirement that a company seeking to obtain a MEGA tax break must promise to make certain capital investments on plant and equipment within a certain time.

Received in the Senate

Jan. 31, 2006

Referred to the Committee on Commerce and Labor

Feb. 2, 2006

Reported without amendment

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

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

Passed in the Senate 37 to 0 (details)

To remove from the law authorizing Michigan Economic Growth Authority (MEGA) tax breaks a provision that prohibits these from being granted to the Bioport company, which operates a Lansing vaccine laboratory owned by the state before 1995. Also, to make less stringent the requirement that a company seeking to obtain a MEGA tax break must promise to make certain capital investments on plant and equipment within a certain time.

Received in the House

Feb. 3, 2006

Feb. 7, 2006

Passed in the House 106 to 0 (details)

To concur with the Senate-passed version of the bill.

Signed by Gov. Jennifer Granholm

Feb. 14, 2006