MichiganVotes.org: Michigan Laws, Bills and Votes
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using concise, plain and objective descriptions
Legislation watch
2021 Senate Bill 769: Create new corporate subsidy program
Public Act 137 of 2021
Introduced by Sen. Kim LaSata R-Bainbridge Township on December 2, 2021
To create a segregated “strategic outreach and attraction reserve fund” (account) in the Department of Labor and Economic Opportunity, and use the money for grants and loans to create “investment-ready sites” for the benefit of particular companies and developers. Official Text and Analysis.
Referred to the Senate Government Operations Committee on December 2, 2021
Received in the House on December 14, 2021
Amendment offered by Rep. Jack O'Malley R-Lake Ann on December 14, 2021
To replace the previous version of the bill with one that revises details but does not change the substance as previously described.
The amendment passed by voice vote in the House on December 14, 2021
To create a segregated “strategic outreach and attraction reserve fund” (account) in the Department of Labor and Economic Opportunity, and use the money to give subsidies to businesses said to create “investment-ready sites” for the benefit of particular companies and developers. See also Senate Bill 769 and House Bill 5603, which authorize other pieces of the scheme, and Senate Bill 85, which authorizes spending $1 billion in state revenue to pay for it all.
Received in the Senate on December 14, 2021
Moved to reconsider by Sen. Dan Lauwers R-Brockway Township on December 14, 2021
The vote by which the bill was passed.
The motion passed by voice vote in the Senate on December 14, 2021
Received in the Senate on December 14, 2021
Signed by Gov. Gretchen Whitmer on December 20, 2021