LANSING — Michigan's venture capital industry says a proposal from a Macomb County lawmaker to restore a tax credit for angel investors is "a great first step" toward expanding funding for entrepreneurs in the state.
Yet the bills, introduced during the Legislature's summer recess, could be tough to sell: A short-lived angel tax credit ended when Gov. Rick Snyder overhauled the state's tax system during his first term, and the Republican governor isn't keen on bringing it back.
Image: Rep. Jeff Farrington, R-Utica - http://www.crainsdetroit.com
