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Senate Roll Call 576 on
2005 House Bill 5047: Create "21st Century Jobs Fund"

To establish a scaled down program of business and research subsidies along the lines described in earlier versions of this bill, as part of an agreement struck between Gov. Jennifer Granholm and Republican legislative leaders to also adopt modest business tax cuts. The revised version of this bill would use $400 million of "securitized" tobacco settlement revenue right away, and give $75 million per year for eight years from the remaining “unsecuritized” settlement revenue stream to the "Michigan Strategic Fund" for various business subsidies. Future legislatures would not be bound by the $75 million per year agreement, however. The tax cut is described under the final votes on Senate Bill 633, and details of the full package by a Senate Fiscal Agency analysis (pdf).

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Republican
861486%
138713%
1000%
22 total votes
Democrat
100100%
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16 total votes
Voters
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1 total vote

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Senate Roll Call 576 on 2005 House Bill 5047

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