LANSING – State Treasurer Rachael Eubanks announced that the state of Michigan successfully sold more than $950 million in both Environmental Program and State Building Authority bonds. The sales came with strong investor interest as more than $2.17 billion in orders occurred for both bond sales. The state of Michigan’s strong general obligation credit ratings –
LANSING - Michigan Public Service Commission Chair Dan Scripps last week asked MPSC Staff and stakeholders in its MI Power Grid initiative to develop recommendations for updating utility integrated resource planning requirements to reflect reduced greenhouse gas emissions targets set by Gov. Gretchen Whitmer’s administration to achieve economy-wide carbon neutrality no later than 2050. Gov.
LANSING – Michiganders seeking their 10-cent deposit on bottles and cans will soon have more options for redeeming their deposits, according to the Michigan Department of Treasury. With the beginning of “Phase 2” on Oct. 5, 2020, all grocery stores, supermarkets, convenience stores, gas stations and other retailers with reverse vending machine must reopen their
DETROIT - The Detroit Region Aerotropolis is a four-community, two-county, public-private economic development partnership driving corporate expansion and new investment around Detroit Metro and Willow Run Airports. The Aerotropolis is the premiere location for greenfield expansion in Southeast Michigan, offering 6,000 acres of development-ready land centered in a world-class network of transportation infrastructure. With two
LANSING - Michigan politicians are trying to block new electric vehicle manufacturers from doing business in the state. Although carefully worded to include any type of auto manufacturing company, the Michigan “Motor Vehicle Franchise Act” was created specifically to block Tesla from doing business there, an obvious favor to the dealerships. The law already includes
LANSING - To date, 2.1 million voters had requested absentee ballots for the Nov. 3 general election, eclipsing a record set during the August primary of 2,065,000 requests for absentee ballots, according to the Secretary of State’s office Thursday morning. “We do expect that we again will have record setting turnout,” said Jake Rollow, spokesman
KALAMAZOO - Southwest Michigan First announced 1,434 small business recipients are receiving average grant awards of $5,000 each as part of the state’s Michigan Small Business Restart Program. Grants must be used for expenditures made between March 1, 2020 and December 30, 2020 for necessary disbursements incurred due to the public health emergency with respect
LANSING - The Michigan Public Service Commission and the Michigan Department of Health and Human Services are urging customers to be proactive in seeking help if they find themselves unable to pay their energy bills and to not wait to receive a shut off notice or are almost out of propane or fuel oil. As
LANSING - State government has built up enough cash reserves over the last decade to get Michigan through the COVID-19 pandemic-caused recession as long as policymakers respond responsibly to the economic downturn, according to a Citizens Research Council report. Some banana peels state leaders will want to avoid include draining the remaining $800 million from
LANSING - The Michigan Public Service Commission today approved a $110 million rate increase for DTE Gas Co., the result of a settlement agreement that reduced by more than 46 percent the increase on the utility’s 1.2 million residential and commercial customers. DTE Gas in November 2019 sought a $203.8 million rate increase, a request the company later reduced
