Lawmakers are proposing a new fund to provide investments for Michigan startup companies.
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.
Governor Gretchen Whitmer's office praised several pieces of the economic development proposal that cleared the Senate on Tuesday but didn't directly address the Strategic Outreach and Attraction Reserve Fund bill that would move up to $250 million toward community-focused projects.
To properly support the transition to electric vehicles, Michigan needs to support improved access to EV chargers, supporters of HB 4708 told the House Tax Policy Committee Wednesday.
Legislation that would allow the Michigan State Housing Development Authority to purchase its own debt in order to keep housing prices low was taken up for testimony by a House committee on Tuesday.
A bill that would remove a provision that prohibits Michigan State Housing Development Authority from providing long-term financing for a project unless the project is constructed or rehabilitated in anticipation of the financing was reported to the floor by a House committee on Tuesday.
House members raised concerns about how Governor Gretchen Whitmer's proposals for universal Pre-K and increased funding for child care would interact with profit margins for day care centers. Those answers weren't immediately apparent to officials from the newly formed Department of Lifelong Education, Advancement and Potential, but work on the subject is ongoing.
During a late-night session Wednesday, the House managed to muster up the votes to pass financial disclosure requirements with the help of some Republicans as several Democrats voted no. The passage of the bills left a bipartisan group of lawmakers unhappy.
Bills that would exempt the storage, use or consumption of data center equipment from the sales and use tax passed the House Wednesday night with wide bipartisan support.
Michigan would establish a research and development tax credit under legislation passed by the House on Tuesday.