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MI HB4818
Bill
Status
4/21/2009
Primary Sponsor
Lesia Liss
Click for details
AI Summary
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Expands the definition of "high-technology activity" under the Michigan Economic Growth Authority Act to include green chemistry as a qualifying activity.
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Defines green chemistry as chemistry and chemical engineering designed to reduce or eliminate hazardous substances while maintaining product quality and safety through efficient manufacturing processes.
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Establishes 12 guiding principles for green chemistry including waste prevention, safer chemical design, renewable feedstocks, catalyst use, energy efficiency, and accident prevention.
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Allows businesses engaged in green chemistry to potentially qualify for tax credits and other economic incentives under the Michigan Economic Growth Authority program.
Legislative Description
Economic development; Michigan economic growth authority; definition of "high-technology activity"; expand to include green chemistry. Amends sec. 3 of 1995 PA 24 (MCL 207.803).
Economic development, Michigan economic growth authority
Last Action
Referred To Committee On Economic Development And Regulatory Reform
5/21/2009