SB 0655
Economic development: other; Michigan business tax act; amend to reflect elimination of the Michigan strategic fund. Amends secs. 107, 111, 415, 419, 435 & 460 of 2007 PA 36 (MCL 208.1107 et seq.). TIE BAR WITH: SB 0631'25
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Bill overview
This bill eliminates the Michigan Strategic Fund from the state’s business tax act. It amends several sections of the 2007 Michigan Business Tax Act to reflect this change, specifically referencing prior dates (before January 1, 2012) for various tax credits and provisions. The bill essentially removes a key component of the state’s economic development programs, impacting eligibility for certain incentives and grants.
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Primary sponsor
Cosponsor
Thomas A. Albert
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