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.

State: 
Michigan
Reporting Jurisdiction: 
Michigan
Jurisdiction type
State
Fiscal year ending In: 
2018
Program name: 
MEGA Poly-Silicon Energy Cost Credit Program
Program purpose
Technoloty (semiconductor)
Statutory authority
Public Act 39 of 2011 MCL Sections 207.801 - 207.810 and 208.1432
Abating jurisdiction(s)
State of Michigan
Applicable taxes: 
Michigan Business Tax
Method of abatement
Tax credit
Provisions for recapture
(no provisions for recapture)
Gross revenue loss
$23,400,000
Reimbursement / offset
$0
Net revenue loss
$23,400,000
Type of loss
Active
Additional notes on dislosure: 
(none)