Legislation creating an economic development fund designed to attract and retain younger companies, first floated by Governor Gretchen Whitmer during her State of the State earlier this year, was brought before a House panel on Tuesday.
Legislation that would revive a long-defunct tax credit to encourage TV and film production in Michigan, though less generous than a previous iteration of the program, cleared a House committee Tuesday.
Lawmakers are proposing a new fund to provide investments for Michigan startup companies.
Committee hearings on legislation to increase Michigan's transparency laws began on Thursday, with many lawmakers and elected officials saying they're onboard with the legislation, but they'd like to see it go farther.
Lawmakers and statewide officers were required to file financial disclosures on Monday for the first time in state history, though the specifics of the filings were limited as officials for the most part don't need to report specific amounts of income.
Michigan's House of Representatives will not tolerate racism, Speaker Joe Tate (D-Detroit) said Wednesday.
The defunct Good Jobs for Michigan program would be revamped as HIRE Michigan under legislation taken up by the House Economic and Small Business Development Committee on Tuesday.
Lawmakers condemned Rep. Josh Schriver (R-Oxford) after he made a social media post espousing the white nationalist "great replacement" conspiracy theory, with the first Black speaker in the state's history calling it "blatantly racist."
Michigan will seek to expand on its economic development goals with new tools in 2024, like a research and development incentive tax credit, the return of the Snyder-era "Good Jobs for Michigan" program and the expansion of renaissance zone eligibility across the state.
Governor Gretchen Whitmer wants 75,000 new or refurbished homes built in Michigan to replace or upgrade aging housing stock over the next five years, a goal legislators and those in the economic development sector said was an ambitious but attainable benchmark.