funding

Business
1:25 pm
Tue March 18, 2014

Michigan Legislature considers state stock exchange

For 70 years, until the mid 1970’s, Detroit had its own stock exchange. It’s credited with speeding the growth of General Motors and dozens of other Michigan companies.
Credit Flickr - Thomas Hawk

Mention the phrase 'stock exchange' to most people and they’ll likely visualize Wall Street, the home of the New York stock exchange, the world’s biggest. However, smaller, regional stock exchanges are nothing new. A proposal to allow local stock exchanges in Michigan was recently filed in the state legislature. The aim is to allow citizens to invest in small, promising Michigan companies that may not qualify for a larger exchange.

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Politics & Government
12:42 pm
Wed February 26, 2014

Proposal would restore tax revenue for Michigan communities

Fowler says that there are no more tax incentives for companies relocating to Michigan, but as former tax credits expire, it creates revenue in the state.
Credit Flickr - agrillifetoday


Fourteen months ago, Gov. Rick Snyder signed legislation eliminating the state personal property tax levied on business equipment. The move was heralded as welcome change by business owners who said the tax put them at a competitive disadvantage and inhibited job growth. However, local governments are worried about how they will replace the revenue that kept their vital services running. Now, a series of bills introduced this week in the Michigan Senate seeks to preserve that funding.

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NewsRoom
4:45 pm
Wed November 21, 2012

State Lawmakers Gearing Up For Battle Over Education In Lame Duck

Credit WKAR File Photo

A battle over some proposed big changes in how Michigan handles education is brewing in the state Legislature. 

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NewsRoom
6:26 pm
Mon November 19, 2012

Draft Of State School Funding Act Released Online

Credit WKAR File Photo

A proposal that Gov. Rick Snyder commissioned for overhauling public education in Michigan and change how the state pays for student learning has been released. 

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NewsRoom
6:36 pm
Tue September 4, 2012

Cochran, Schor, Abed Call For Restoration of MI School Funding

Democratic MI House candidates Tom Cochran, Andy Schor and Theresa Abed
Courtesy Michigan House Democrats

Several key Lansing-area Democrats say almost a billion dollars in state education funding should be restored to Michigan schools.

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NewsRoom
6:28 pm
Mon July 16, 2012

School Funding Overhaul Could Be on The Way

WKAR file photo

An overhaul of Michigan’s school funding system is in the works. Governor Rick Snyder wants to include school funding reform in his budget proposal next year.

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NewsRoom
6:59 pm
Wed February 8, 2012

Whitmer, Dems Push State-Funded College for All HS Grads

Melissa Benmark WKAR

State Senator Gretchen Whitmer of East Lansing has a plan that she says would make Michigan’s young people the best educated in the world.  She says her “Michigan 2020” proposal would send every high school graduate in Michigan on to college without raising taxes.  

To fund the initiative, her proposed bill would eliminate at least $1.8 billion in what she labels “special interest kickbacks.”   WKAR’s Mark Bashore asked her to cite some examples of the “tax breaks and loopholes” that would pay for the plan.

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