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2001 Senate Bill 516

Public Act 249 of 2001

Introduced by Sen. Don Koivisto (D) on May 30, 2001
To establish a single business tax credit for the consumption of qualified low-grade hematite (iron ore) in an industrial or manufacturing process.   Official Text and Analysis.
Referred to the Senate Finance Committee on May 30, 2001
Amendment offered in the Senate on November 8, 2001
To more clearly specify that the tax credit applies to pellets, not raw ore.
The amendment passed by voice vote in the Senate on November 8, 2001
Received in the House on November 8, 2001
Amendment offered by Rep. Nancy Cassis (R) on December 12, 2001
To specify that the proposed tax credit applies to low grade hematite (iron ore).
The amendment passed by voice vote in the House on December 12, 2001
Received in the Senate on December 12, 2001
Signed by Gov. John Engler on December 31, 2001

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