IMPLEMENTATION LEVEL

Subnational

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 14 Apr 2009 | Removal date: open ended
Still in force

Financial grant

In 2009 state and local governments in Michigan provided to battery manufacturer LG Chem-Compact Power up to $100 million in state battery tax credits, MEGA tax credits worth $25.2 million; additional MEGA credits worth $3.8 million; $19.6 million from Michigan New Jobs Training Program; an estimated $48.5 million in Renaissance Zone subsidies; and about $870,000 in local infrastructure improvement and personal property tax abatements. The federal Department of Energy also provided a $151 million grant. 
 
The GTA includes state guarantees and other financial incentives thatare likely to affect the restructuring and performance of firms facinginternational competition, whether from imports, in export markets, andfrom foreign subsidiaries.
 
As no official source could be obtained, this measure is coded "amber".

AFFECTED COUNTRIES

MAP
TABLE
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AFFECTED SECTORS AND PRODUCTS

464 Accumulators, primary cells & primary batteries; parts
8506 Primary cells and primary batteries.
850610 Manganese dioxide
850640 Silver oxide
850650 Lithium
850660 Airzinc
850680 Other primary cells and primary batteries
850690 Parts
8507 Electric accumulators, including separators therefor, whether or not rectangular (including square).
850710 Leadacid, of a kind used for starting piston engines
850720 Other leadacid accumulators
850730 Nickelcadmium
850740 Nickeliron
850750 Nickelmetal hydride
850760 Lithiumion
850780 Other accumulators
850790 Parts

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