IMPLEMENTATION LEVEL

Subnational

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Jan 2019 | Removal date: 01 Jan 2026
Still in force

Tax or social insurance relief

Governor David Ige signed into law Act 143 which took effect January 1, 2019.  Act 143 extends the sunset date for the tax credit program to January 1, 2026 and institutes a $35 million overall spending ceiling per year. On July 12, 2019, the ceiling for this credit was raised to $50 million.

AFFECTED COUNTRIES

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