LANSING - Lawmakers began delving more into the specifics of what a Michigan corporate income tax could look like with presentations Wednesday from the House Fiscal Agency showing Governor Rick Snyder's proposal will amount to an 86 percent cut in business tax revenues to the state by the 2012-13 fiscal year. Forty-four other states levy
WASHINGTON DC - The FBI said that it's not calling for restrictions on encryption without back doors for law enforcement. FBI general counsel Valerie Caproni told a congressional committee that the bureau's push for expanded Internet wiretapping authority doesn't mean giving law enforcement a master key to encrypted communications, an apparent retreat from her position
LANSING - Michigan employees scored a victory Thursday against the move made last year to require them to contribute 3 percent of their salary toward their retirement health care coverage when a judge ruled the law "clearly unconstitutional," but both sides began preparing for an appeal. The decision, issued by Ingham Circuit Judge William Collette,
DETROIT - A new research study shows a positive Return on Investment from Michigan's film production tax credit, despite the fact that the program has been in place for less than three full years. Gov. Snyder has proposed eliminating the 42 percent film production credit and replacing it with a maximum $25 million annual credit.
ANN ARBOR ? Twenty four teams from the University of Michigan received awards and grants totaling more than $106,000 for excellence in business plans and concepts from the Michigan Business Challenge and Eugene Applebaum Dare To Dream Grants. The announcement was made by the Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies at
LANSING - Saying the Department of Energy, Labor and Economic Growth has become something of a catchall of various functions, Governor Rick Snyder said Wednesday morning that he is making the department aimed at reforming the state's regulatory process. Snyder signed and issued two executive orders that rename the department the Department of Licensing and
MANISTEE ? Duke Energy filed a proposal last week with DTE Energy to develop a $360 million wind power project in Benzie and Manistee counties that could generate up to 200 megawatts of renewable electricity to power about 60,000 homes. The project could eventually cover up to 16,000 acres. The proposed wind farm, the Gail
LANSING - Another $10 million to fund the Pure Michigan tourism campaign in the current year won overwhelming approval Tuesday in the Senate, ensuring the campaign can purchase regional spring, summer and fall advertising. The bill (SB 110 ) would draw the money from the 21st Century Jobs Fund and change statute to make tourism
LANSING - Governor Rick Snyder saw one of the products of the film production tax credit used against him in coverage of his plan to eliminate the program as part of his 2011-12 budget. The Los Angeles Times led its story on the proposal not with a picture of Snyder, but of Clint Eastwood as
LANSING - Saying Michigan has not faced up to the financial necessity of fixing its overall budget and tax structure, Governor Rick Snyder unveiled the most sweeping overall changes to the state's fiscal and revenue structure in decades. The measures proposed to the more than $46 billion budget were hard and would be difficult to