STATE AD BOARD: REN. ZONE POWERS                                H.B. 5193: FLOOR ANALYSIS

House Bill 5193 (as passed by the House) Sponsor: Representative Gary L. Randall House Committee: Tax Policy

CONTENT

The bill would amend Public Act 2 of 1921, which governs the State Administrative Board, to provide that the Board would have the powers granted, and would have to perform the duties imposed, under the Michigan Renaissance Zone Act.

Proposed MCL 17.2a                                                                     Legislative Analyst: S. Margules

FISCAL IMPACT

Please see FISCAL IMPACT for House Bill 5190.

Date Completed: 12-4-96                                                                        Fiscal Analyst: J. Wortley

floor\hb5193

This analysis was prepared by nonpartisan Senate staff for use by the Senate in its deliberations and does not constitute an official statement of legislative intent.