2010 House Bill 5921

Senate Roll Call 569: Passed

To authorize a personal income tax credit of up to $150,000 for certain investments by a taxpayer in companies that have less than 100 employees and are engaged in one of the many types of businesses eligible for various government “economic development” subsidies and tax breaks under the “<a href="http://www.michiganvotes.org/2005-HB-5047">21st Century Jobs Fund</a>” and related programs. An aggregate total of $9 million of such tax breaks could be granted by the Department of Treasury each year.

34 Yeas / 0 Nays
Republican (22 Yeas / 0 Nays)
Democrat (12 Yeas / 0 Nays)
Excused or Not Voting (3)