Source: Bridge Michigan

Excerpt:

Democrats frustrated by Michigan’s billion-dollar subsidy approach to economic development are pushing a new plan that would radically alter Gov. Gretchen Whitmer’s signature business incentive policy. 

And the governor – along with minority Republicans – appear to be open to the reforms, setting the stage for potential changes this year. 

Instead of mega grants to corporations, a new job-growth spending plan by House Democrats would pair a smaller incentive pool with priorities closer to home for many Michiganders: Mass transit, affordable housing and community-based spending on child care and community college.

Bills introduced this week in the state House continue to signal that Michigan’s expectations for its large-scale economic development spending — which tops $2 billion over the past three years — continues to move well beyond providing corporate subsidies.

Read more: Mass transit wins big in new plan to retool Michigan corporate subsidies