subsidy Archives - The Michigan Star

Bipartisan Michigan Bills Aims to Restore Tax Incentives for Business Development

October 25, 2021October 24, 2021 The Center Square

A bipartisan bill aims to revive a killed business subsidy incentive that they say will spur new job creation in Michigan.

State Reps. Mark Tisdel, R-Rochester Hills and Angela Witwer, D-Delta Township, introduced House Bills (HB) 5425 and 5426 that aim to form the Michigan Employment Opportunity Program (MEOP) to provide incentives for business developments similar to the Good Jobs for Michigan (GJFM) program, which expired in 2019.

“The Michigan Employment Opportunity Program will form a public-private partnership to bring good jobs to our state,” Tisdel said in a statement. “Government can make it easier for businesses to invest in our communities and support more Michigan workers, bringing economic growth – and the revenue that comes with it.”

Michigan Gov. Whitmer Plans to Give Businesses Hundreds of Millions in Subsidies, But Similar Programs’ Track Record Has Been Questioned

August 28, 2021August 27, 2021 Bradley Vasoli

This week, Gov. Gretchen Whitmer (D-MI) announced plans to expand her $300-million Michigan Mainstreet Initiative, outlining further business subsidization with taxpayer money from federal COVID-relief legislation.

Originally unveiled in June, Whitmer’s initiative targeted $100 million toward restaurants and other place-based establishments, $125 million for other businesses that could not get federal Paycheck Protection Program (PPP) funds and $75 million in grants to startups.

Michigan Senate Votes to Extend Electric Bill Surcharge

September 6, 2019September 6, 2019 Abigail Nobel

The Michigan Senate voted to extend an electric bill surcharge of up to $1 per month among a list of other fee extensions. The measure was sponsored by Sen. John Bizon (R–Battle Creek) and extends the original sunset date four years to September 30, 2023.