Bill Text: MI SB0398 | 2013-2014 | 97th Legislature | Chaptered

Michigan Senate Bill 398 (Prior Session Legislation)

Bill Title: Economic development; other; next Michigan development act; modify. Amends sec. 4 of 2010 PA 275 (MCL 125.2954).

Spectrum: Partisan Bill (Republican 2-0)

Status: (Passed) 2014-12-31 - Assigned Pa 0446'14 With Immediate Effect [SB0398 Detail]

Download: Michigan-2013-SB0398-Chaptered.html

Act No. 446

Public Acts of 2014

Approved by the Governor

December 27, 2014

Filed with the Secretary of State

January 2, 2015

EFFECTIVE DATE: January 2, 2015

STATE OF MICHIGAN

97TH LEGISLATURE

REGULAR SESSION OF 2014

Introduced by Senators Casperson and Walker

ENROLLED SENATE BILL No. 398

AN ACT to amend 2010 PA 275, entitled “An act to encourage the creation of next Michigan development corporations by interlocal agreement and to prescribe their powers and duties; to foster economic opportunities in this state and prevent conditions of unemployment and underemployment and to promote economic growth; to provide for the designation of next Michigan development districts and next Michigan development businesses; and to prescribe the powers and duties of certain state and local departments, entities, and officials,” by amending section 4 (MCL 125.2954), as amended by 2013 PA 239.

The People of the State of Michigan enact:

Sec. 4. (1) An eligible act 7 entity may apply to the board of the Michigan strategic fund for designation as a next Michigan development corporation under this act. An eligible urban entity may apply to the board of the Michigan strategic fund for designation as a next Michigan development corporation under this act. An eligible urban entity may expressly designate an instrumentality of an eligible urban entity or a nonprofit corporation to file the application and act as the next Michigan development corporation on behalf of the eligible urban entity.

(2) The territory of a next Michigan development corporation shall be composed of the area within the boundaries of the cities, villages, and townships which are parties to the interlocal agreement as the same may be amended to add or remove parties from time to time or the area of the eligible urban entity. The interlocal agreement may include a division of rights, responsibilities, and duties between and among the local government unit parties as may be determined appropriate by the local government unit parties to implement the purposes of this act and otherwise shall conform to law.

(3) Except for an application from or on behalf of an eligible urban entity, the application for next Michigan development corporation status under this act shall be accompanied by a copy of the interlocal agreement creating the eligible act 7 entity and the approval of the governor of the interlocal agreement pursuant to section 10 of the urban cooperation act of 1967, 1967 (Ex Sess) PA 7, MCL 124.510.

(4) In determining whether to designate a next Michigan development corporation, the Michigan strategic fund shall give preference to each of the following:

(a) An eligible act 7 entity that is made up of not fewer than 2 contiguous counties that combined have a population of more than 103,000 but less than 106,000 according to the most recent decennial census and the population of the largest city of 1 of those counties when combined with the largest city of the other county is more than 32,500 but less than 35,500.

(b) An eligible urban entity that is the largest city in a county with a population of 1,500,000 or more.

This act is ordered to take immediate effect.

Secretary of the Senate

Clerk of the House of Representatives

Approved

Governor