House won't vote on $250 million tax incentive plan this year #DetroitNews

Associated Press - A proposal to provide up to $250 million in annual tax breaks to attract larger-scale business expansions in Michigan won't be voted in the House before the term expires this month. Rep. Lee Chatfield, who chairs the House Local Government Committee, cited Tuesday the recent budget ramifications of companies redeeming larger-than-expected tax credits awarded under Michigan's previous, recession-era economic development program. The Senate-passed legislation would have authorized the Michigan

from Latest News - Crain's Detroit Business