MEGA

Audit: Improvements Necessary In MEGA Credit Reporting

LANSING - A performance audit released Wednesday of the Michigan Strategic Fund found there was an omission of data during two fiscal years of reporting on a tax credit provided through the department. The audit, released Wednesday by the Office of the Auditor General, focused on the Michigan Economic Growth Authority Tax Credit Program overseen

By |2017-09-07T18:53:34-04:00September 7th, 2017|Politics|

GM, State Agree To Secret Cap On Value Of MEGA Credit – GM To Invest $1 Billion In Michigan Facilities

LANSING - The size of tax credits General Motors can claim annually and in total through the remaining life of a large, Michigan Economic Growth Authority credit the state provided it in 2009 would be capped, but GM declined to reveal by how much and state officials said it is up to GM to disclose

By |2015-12-16T20:54:04-05:00December 16th, 2015|Politics|