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Michigan Passes New Incentive in ‘Subsidized War’ for EV Jobs

Dec. 9, 2021, 7:38 PM

Fearing further losses in the battle to land electric vehicle manufacturing jobs, the Michigan Senate on Thursday passed legislation that allows for appropriations into incentive funds that help companies buy land or expand operations. The measures are heading toward final approval by lawmakers and the governor.

The bills (S.B. 769, S.B. 770 and S.B. 771) would create a Legislature-controlled “Strategic Outreach and Attraction Reserve Fund” into which lawmakers could dump unspecified amounts of the state’s roughly $10 billion budget surplus. Bill sponsors declined to comment on the potential cost of the incentives, but state developers say Michigan ...