MEMBERS:
SEN. ARIC NESBITT, VICE CHAIR
SEN. KEVIN DALEY
SEN. JON BUMSTEAD
SEN. CURTIS S. VANDERWALL
SEN. STEPHANIE CHANG, MINORITY VICE CHAIR
SEN. BETTY JEAN ALEXANDER
THE SENATE
COMMITTEE ON FINANCE
SENATOR JIM RUNESTAD
CHAIR
7500 BINSFELD BUILDING
P.O. BOX 30036
LANSING, MICHIGAN 48909-7536
PHONE: (517) 373-1758
FAX: (517) 373-0938
COMMITTEE MEETING MINUTES
October 30, 2019
A meeting of the Senate Committee on Finance was scheduled for Wednesday, October 30, 2019, at 12:30 p.m.,
in the 1200 Room of the Binsfeld Building.
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The agenda summary is as follows:
1. Presentation by the Michigan Economic Development Corporation on Michigan Economic Growth
Authority (MEGA) Tax Credits.
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The Chair called the meeting to order at 12:32 p.m. He instructed the Clerk to call the roll. At that time, the
following members were present: Chair Runestad, Sen.(s) Nesbitt, Daley, Bumstead, VanderWall, Chang and
Alexander, a quorum was present.
The Chair entertained a motion by Sen. Bumstead to adopt the meeting minutes from October 16, 2019.
Without objection, the minutes were adopted.
The Chair invited Mr. Josh Hundt, Executive Vice President and Chief Business Development Officer of the
Michigan Economic Development Corporation to make a presentation to the committee regarding Michigan
Economic Growth Authority Tax Credits. Member questions followed.
There being no further business before the committee, the Chair moved to adjourn the meeting. Without
objection, the committee was adjourned at 1:16 p.m.
Date Adopted by Committee: 11/06/2019