House Bill 5805
Sponsor: Rep. Jason Allen
House Bill 5806
Sponsor: Rep. Joseph Rivet
Committee: Commerce
Complete to 4-12-02
A SUMMARY OF HOUSE BILLS 5805 AND 5806 AS INTRODUCED 3-19-02
House Bill 5805 would amend Section 4 of the Michigan Renaissance Zone Act (MCL 125.2684) to specify that the approval of the State Administrative Board is required before a local governmental unit can extend the duration of the renaissance zone status of one or more distinct geographic areas (or sub-zones) in a zone until 2017.
The act currently provides that through December 31, 2002, a local governmental unit in which certain renaissance zones have been designated can designate additional distinct geographic areas (not to exceed a total of 10) upon application to and approval by the State Administrative Board. The act says that a local unit that designates additional distinct geographic areas can extend the duration of the zone status of one or more distinct geographic areas in the zone until 2017. House Bill 5805 would specify that the extending of the duration of the renaissance zone status can be accomplished upon application to and approval by the board.
House Bill 5806 would amend Section 6 of the same act (MCL 125.2686), which provides for the duties of the State Administrative Board under the act, to specify that one of the duties of the board is to approve or reject the duration of renaissance zone status. (Currently, the section says the board shall "approve or reject the duration of renaissance zone status, not to exceed 15 years except as provided in section 4(5)". The bill would delete the underlined portion.)
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This analysis was prepared by nonpartisan House staff for use by House members in their deliberations, and does not constitute an official statement of legislative intent.