McCall Hamilton Advocacy and Public Affairs

Updates About Economy

Detroit Regional Chamber Mackinac Policy Conference Highlights

Update: May 22-Jun 2, 2023

Governor Announces ‘Make it in Michigan’ Economic Strategy Governor Whitmer and Michigan leaders announced “Make it in Michigan,” an economic strategy to drive projects, invest in people from pre-K to postsecondary education, and revitalize communities across the state. With over $16 billion of projects and 16,000 jobs secured in the past 18 months, the goal of “Make it in Michigan” focuses on projects, people, and places, aiming to make Michigan a top state for talent, competitive in key sectors, an innovation hub, and a state with attractive communities. The state plans to bring manufacturing jobs, advanced facilities, and supply chains home, utilizing tools such as the Make it in Michigan Transformational Brownfields and Competitiveness Fund.

Further initiatives will be revealed in the upcoming weeks to boost research and development, lower business costs, and support transformational projects while investing in childcare, housing, infrastructure, and workforce programs.

Governor Establishes ‘Growing Michigan Together Council’ Established by Executive Order 2023-04, Governor Whitmer launched the Growing Michigan Together Council. The council, led by bipartisan co-chairs Ambassador John Rakolta Jr. and Shirley Stancato, will focus on key areas such as talent attraction and retention, educational improvements, modernizing infrastructure, and sustaining Michigan’s economic momentum.

In her announcement, Whitmer stated she is looking for ways to reverse the trend of Michiganders seeking opportunities elsewhere by lowering costs, attracting high-paying jobs, investing in education from preschool to post-secondary, protecting natural resources, and expanding fundamental rights.

The Growing Michigan Together Council will consist of 28 members, including representatives from the private sector, labor, workforce development, talent, infrastructure, non-profit or philanthropy sectors, and education. The council will propose initiatives to improve educational outcomes, secure funding for higher education, develop sustainable transportation and water infrastructure funding solutions, and establish a population goal for 2050.

Whitmer Hires ‘First-Ever’ Chief Growth Officer Hilary Doe has been appointed as Michigan’s chief growth officer, a first-of-its-kind position in the US. Doe will work with the Growing Michigan Together Council to boost population growth and economic development.

Doe, a Detroit resident, brings experience most recently from Nationbuilder, where she has been for the past decade. She is also a member of the Voters Not Politicians Board and sits on the Institute for Women’s Policy Research.

Detroit Mayor Duggan Proposes Land Tax Reform Detroit Mayor Mike Duggan unveiled a new Detroit tax reform plan at the conference this year. The proposal involves tripling land taxes while cutting building taxes by 30 percent. The goal is to create a more balanced tax structure and encourage equitable growth in the city. Duggan presented the plan to business leaders and lawmakers, with House Speaker Joe Tate being tapped to lead the legislative charge.

The tax reform plan would reduce property taxes collected across Detroit from 86 mills to 60 mills, eliminating the Detroit operating tax and state school levy. The increase in land taxes, from 86 mills to 246 mills, aims to offset the revenue loss from buildings and improvements. The mayor emphasized the need for a phased implementation to allow residents time to adjust to the changes.

The plan also addresses side lots, vacant lots, scrap yards, warehouses, and new developments, aiming to incentivize efficient use of space and spur affordable housing. A coalition of organizations, including Invest Detroit and the Metro Detroit Black Business Alliance, expressed support for the tax overhaul, highlighting its potential for equitable growth and relief for small businesses.

Ford Announces New Investment, More Jobs Coming to Michigan

Update: Feb 6-17, 2023

On February 13, Governor Gretchen Whitmer, alongside Ford’s Executive Chair Bill Ford and CEO Jim Farley, announced Ford’s $3.5 billion investment into the state to build an electric vehicle battery manufacturing facility. This help contribute to Ford’s goal to produce two million electric vehicles annually by 2026.

Located in Marshall, the 2.5 million square foot plant is expected to create 2,500 jobs in the region. These jobs are estimated to create more than $29.7 billion in new personal income over the span of twenty years with the help of expected spin-off investment and redevelopment opportunities.

The Michigan Strategic Fund (MSF) approved $210 million for the Critical Industry Program, $772 million for the MSF Designated Renaissance Zone, and $36 million for the Marshall Area Economic Development Alliance.

Governor Signs Inflation Reduction Act Directive

Update: Sep 5-16, 2022

On September 6, Governor Gretchen Whitmer signed an executive directive titled ‘Lowering Costs for Families with the Inflation Reduction Act’, presented as an effort to utilize opportunities from the federally passed Inflation Reduction Act (IRA).

Executive Directive 2022-9 instructs state departments to identify ways to educate Michiganders on opportunities to lower costs on energy upgrades, electric vehicles, transportation, and prescription drug costs.

Under the directive, the Michigan Department of Health and Human Services (MDHHS) and Department of Insurance and Financial Services (DIFS) are expected to ensure that eligible residents have the information needed to apply and receive tax credits for health insurance purchased on the marketplace. MDHHS is also encouraged to continue efforts to decrease the cost of prescription drugs for Medicaid recipients.