HOUSE BILL No. 5806


     March 19, 2002, Introduced by Reps. Rivet and Allen and referred to the Committee on Commerce.


        A bill to amend 1996 PA 376, entitled

   "Michigan renaissance zone act,"

   by amending section 6 (MCL 125.2686), as amended by 2000 PA 259.

               THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

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             Sec. 6.  (1) The board shall review all recommendations sub-

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        mitted by the review board and determine which applications meet

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        the criteria contained in section 7.

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             (2) The board shall do all of the following:

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             (a) Designate renaissance zones.

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             (b) Subject to subsection (3), approve or reject the dura-

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        tion of renaissance zone status.  , not to exceed 15 years except

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        as provided in section 4(5).

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             (c) Subject to subsection (3), approve or reject the

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        geographic boundaries and the total area of the renaissance zone

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        as submitted in the application.


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             (3) The board shall not alter the geographic boundaries of

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        the renaissance zone or the duration of renaissance zone status

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        described in the application unless the qualified local govern-

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        mental unit or units and the local governmental unit or units in

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        which the renaissance zone is to be located consent by resolution

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        to the alteration.

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             (4) The board shall not designate a renaissance zone under

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        section 8 before November 1, 1996 or after December 31, 1996.

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             (5) The designation of a renaissance zone under this act

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        shall take effect on January 1 in the year following

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        designation.  However, for purposes of the taxes exempted under

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        section 9(2), the designation of a renaissance zone under this

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        act shall take effect on December 31 in the year of designation.

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             (6) The board shall not designate a renaissance zone under

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        section 8a or 8c after December 31, 2002.

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             (7) Through December 31, 2002, a qualified local governmen-

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        tal unit in which a renaissance zone was designated under

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        section 8 or 8a may modify the boundaries of that renaissance

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        zone to include contiguous parcels of property as determined by

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        the qualified local governmental unit and approval by the review

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        board.  The additional contiguous parcels of property included in

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        a renaissance zone under this subsection do not constitute an

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        additional distinct geographic area under section 4(1)(d).  If

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        the boundaries of the renaissance zone are modified as provided

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        in this subsection, the additional contiguous parcels of property

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        shall become part of the original renaissance zone on the same





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        terms and conditions as the original designation of that

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        renaissance zone.




















































   06887'02          Final page.                            JLB