Michigan governor signs $1.5 billion in business incentives | Business




Gov. Gretchen Whitmer signed legislation providing over $1 billion for incentives to attract major economic investments in Michigan.






LANSING, Mich. (AP) – Gov. Gretchen Whitmer has signed legislation to bolster Michigan’s appeal to businesses.

The legislation creates the Strategic Outreach and Attraction Reserve Fund, which will be funded from state revenue, with $1 billion to be used for assistance to companies.

“The critical industry investment program will empower us to make game-changing investments critical to our ability to close deals, to create and preserve qualified jobs and to bring significant…

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