2011 Senate Bill 556 / Public Act 250

Create new government corporate subsidy program

Introduced in the Senate

June 30, 2011

Introduced by Sen. John Proos (R-21)

To create a new government program to give subsidies to particular businesses selected by political appointees and certain state agency officials. This one would be called the “Michigan business development program.” It would essentially replace the Michigan Economic Growth Authority, and instead deliver some $100 million annually to selected firms in outright cash grants, rather than combinations of tax breaks and cash grants. See also Senate Bills 566 to 568.

Referred to the Committee on Economic Development

Oct. 4, 2011

Reported without amendment

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

Oct. 5, 2011

Substitute offered

To replace the previous version of the bill with one that revises details but does not change the substance as previously described.

The substitute passed by voice vote

Oct. 6, 2011

Passed in the Senate 33 to 5 (details)

Received in the House

Oct. 6, 2011

Referred to the Committee on Commerce

Nov. 2, 2011

Reported without amendment

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

Nov. 29, 2011

Substitute offered

To replace the previous version of the bill with one that revises details, and eliminates "diversifies the state economy" as one of the rationales for handing out these subsidies to a particular firm.

The substitute passed by voice vote

Nov. 30, 2011

Passed in the House 95 to 11 (details)

To create a new government program to give subsidies to particular businesses selected by political appointees and certain state agency officials. This one would be called the “Michigan business development program.” It would essentially replace the Michigan Economic Growth Authority, and instead deliver some $100 million annually to selected firms in outright cash grants, rather than combinations of tax breaks and cash grants. See also Senate Bills 566 to 568.

Received in the Senate

Dec. 1, 2011

Dec. 6, 2011

Passed in the Senate 34 to 1 (details)

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

Signed by Gov. Rick Snyder

Dec. 13, 2011