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Tax Break Tracker Individual Entry

Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.

StateMichigan
Effected JurisdictionMichigan
Jurisdiction type: State
Fiscal year ending In2017
Program nameMEGA Employment Credit Program
Program purpose: Job Creation/Retention
Statutory authority: (data not yet retrieved)
Abating jurisdiction(s): State of Michigan
Applicable taxesBusiness Tax
Method of abatement: Tax Credit
Provisions for recapture: Yes
Gross revenue loss: $517,000,000
Reimbursement / offset: $0
Net revenue loss: $517,000,000
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://www.michigan.gov/budget/fiscal-pages/reports/annual-comprehensiv...