Introduced
by
To establish an alternative energy renaissance zone dedicated to the support, research, development, enhancement, and manufacturing of alternative energy technology, with a duration of renaissance zone status for no more than 20 years.
Referred to the Committee on Finance
Substitute offered
To replace the previous version of the bill with one which does not extend alternative energy tax deductions, exemptions, or credits to a property located in the alternative energy renaissance zone which is not used to directly promote and increase the research, development, and manufacturing of alternative energy technology.
The substitute passed by voice vote
Amendment offered
by
To locate the alternative energy renaissance zone in Wayne County.
The amendment failed by voice vote
Passed in the Senate 37 to 0 (details)
To establish an alternative energy renaissance zone dedicated to the support, research, development, enhancement, and manufacturing of alternative energy technology, with a duration of renaissance zone status for no more than 20 years. Alternative energy tax deductions, exemptions, or credits would not be extended to a property located in the alternative energy renaissance zone which is not used to directly promote and increase the research, development, and manufacturing of alternative energy technology.
Substitute offered
To adopt a new version of the bill which would add a provision authorizing the creation of a pharmaceutical renaissance zone to give tax breaks to drug companies within the zone. This is in response to concerns that with the proposed purchase by Pfizer of the Pharmacia Corporation, some 8,500 Pharmacia jobs in Michigan might be eliminated or moved to other areas. This provision of the bill is targeted at this company.
The substitute passed by voice vote
Passed in the House 82 to 19 (details)
Passed in the Senate 35 to 0 (details)
