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ARTICLE · 25 JULY 2017

Michigan Adopts New Incentive Tool For Economic Development

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A new tax incentive program targeting large job providers passed the Michigan legislature last week with bi-partisan support, and is expected to be signed soon by Governor Rick Snyder...

United StatesStrategy
Steven Hilfinger
Steven Hilfinger
Robert Nederhood
Robert Nederhood
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A new tax incentive program targeting large job providers passed the Michigan legislature last week with bi-partisan support, and is expected to be signed soon by Governor Rick Snyder, who strongly supported the legislation. The "Good Jobs for Michigan" program will bolster Michigan's economic development toolkit, allowing it to better compete with other states for major business relocation and expansion projects. Several business groups including Business Leaders for Michigan pushed the measure, which combined with Michigan's prior tax reforms, adoption of Right to Work legislation and regulatory reinvention, will elevate the State in the eyes of site selectors and companies considering new facilities or expansions.

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