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: 25 Feb 2010 | Removal date: open ended
Still in force

Tax or social insurance relief

In 2010 state and local governments in Michigan provided an incentives package to Dow Chemical for the manufacture of renewable energy materials such as Dow's Powerhouse Solar Shingle. The subsidy package included $61.3 million over 15 years in state job creation tax credits; $28 million in local property tax abatements through a Renaissance Zone designation; a $15 million Michigan Business Tax Credit; two brownfield tax credits worth a total of $20 million; and a $5 million grant from the Michigan Strategic Fund. In addition, the U.S. Department of Energy provided the company with a $5 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.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

471 Electronic valves & tubes; electronic components; parts
8541 Diodes, transistors and similar semiconductor devices; photosensitive semiconductor devices, including photovoltaic cells whether or not assembled in modules or made up into panels; light emitting diodes; mounted piezoelectric crystals.
854110 Diodes, other than photosensitive or light emitting diodes
854121 With a dissipation rate of less than 1 W
854129 Other
854130 Thyristors, diacs and triacs, other than photosensitive devices
854140 Photosensitive semiconductor devices, including photovoltaic cells whether or not assembled in modules or made up into panels; light emitting diodes
854150 Other semiconductor devices
854160 Mounted piezoelectric crystals
854190 Parts

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