The SOAR fund was originally intended to help fund large community projects and business incentives in Michigan. The new legislation would extend that funding to allow for long-term planning such as housing and transportation.
Legislators, who are debating economic subsidies, raise alarms after Bridge reports that Michigan spent $1 billion to create 200 jobs in EV battery plants.
Michigan Committee Approves $4.5B for Transit and Development governing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from governing.com Daily Mail and Mail on Sunday newspapers.