Chamber Continues to Urge Lawmakers to Reform Michigan’s Energy Law, Looks to the New Year

As the 2015-2016 legislative session comes to a close, the Detroit Regional Chamber continues to advocate for strong, pro-business policies in Lansing. With only one week tentatively left, the Chamber is urging lawmakers to pass a comprehensive reform of Michigan’s Energy Law (Senate Bills 437-438), which would set new procedures for building new plants, ensuring adequate infrastructure, require alternative electric suppliers to provide greater guarantees for their power supply, increase the percentage of electricity that must be generated from renewable sources from 10 to 15 percent, and establish new net metering regulations for customers who generate their own power.

In addition, the Chamber continues to monitor legislation that would assist Detroit’s collection of city income taxes (Senate Bill 1127) to ensure that taxpayers are adequately protected, and House Bill 5578 that would alter the assessments of large retail properties.

In a recent victory for Michigan’s automotive industry last week, Gov. Rick Snyder signed legislation expanding the regulation of autonomous vehicles, maintaining Michigan’s role as the leader of the mobility revolution.

Looking towards 2017, the Chamber will be re-introducing other reforms that have made substantial progress but were not able to reach final passage in 2016, including comprehensive reform of the Michigan Tax Tribunal (House Bill 5765) and equitable treatment of taxpayers with the Department of Treasury (House Bill 4461).

The Chamber will also continue to educate lawmakers on innovative tax incentive proposals that spur economic development in the region, including an expansion of tax increment financing (TIF) to encourage large, transformational projects (Senate Bills 1061-1065).