SB-0584, As Passed Senate, June 29, 2006
SUBSTITUTE FOR
SENATE BILL NO. 584
A bill to amend 1996 PA 376, entitled
"Michigan renaissance zone act,"
by amending section 8a (MCL 125.2688a), as amended by 2006 PA 116.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 8a. (1) Except as provided in subsections (2), (3), and
(4), the board shall not designate more than 9 additional
renaissance zones within this state under this section. Not more
than 6 of the renaissance zones shall be located in urban areas and
not more than 5 of the renaissance zones shall be located in rural
areas. For purposes of determining whether a renaissance zone is
located in an urban area or rural area under this section, if any
part of a renaissance zone is located within an urban area, the
entire renaissance zone shall be considered to be located in an
urban area.
(2) The board of the Michigan strategic fund described in
section 4 of the Michigan strategic fund act, 1984 PA 270, MCL
125.2004, may designate not more than 10 additional renaissance
zones within this state in 1 or more cities, villages, or townships
if that city, village, or township or combination of cities,
villages, or townships consents to the creation of a renaissance
zone within their boundaries. The board of the Michigan strategic
fund may designate not more than 1 of the 10 additional renaissance
zones described in this subsection as an alternative energy zone.
An alternative energy zone shall promote and increase the research,
development, testing, and manufacturing of alternative energy
technology, as
that term is alternative
energy systems, and
alternative energy vehicles, as those terms are defined in the
Michigan next energy authority act, 2002 PA 593, MCL 207.821 to
207.827. An alternative energy zone shall have a duration of
renaissance zone status for a period not to exceed 20 years as
determined by the board of the Michigan strategic fund. Not later
than April 16, 2004, the board of the Michigan strategic fund may
designate not more than 1 of the 10 additional renaissance zones
described in this subsection as a pharmaceutical renaissance zone.
A pharmaceutical renaissance zone shall promote and increase the
research, development, and manufacturing of pharmaceutical products
of an eligible pharmaceutical company. The board of the Michigan
strategic fund may designate not more than 5 of the additional 10
renaissance zones described in this subsection as a redevelopment
renaissance zone. A redevelopment renaissance zone shall promote
the redevelopment of existing industrial facilities. Before
designating a renaissance zone under this subsection, the board of
the Michigan strategic fund may enter into a development agreement
with the city, township, or village in which the renaissance zone
will be located.
(3) In addition to the not more than 9 additional renaissance
zones described in subsection (1), the board may designate
additional renaissance zones within this state in 1 or more
qualified local governmental units if that qualified local
governmental unit or units contain a military installation that was
operated by the United States department of defense and was closed
in 1977 or after 1990.
(4) Land owned by a county or the qualified local governmental
unit or units adjacent to a zone as described in subsection (3) may
be included in this zone.
(5) Notwithstanding any other provision of this act, property
located in the alternative energy zone that is classified as
commercial real property under section 34c of the general property
tax act, 1893 PA 206, MCL 211.34c, and that the authority, with the
concurrence of the assessor of the local tax collecting unit,
determines is not used to directly promote and increase the
research, development, testing, and manufacturing of alternative
energy technology, alternative energy systems, and alternative
energy vehicles as those terms are defined in the Michigan next
energy authority act, 2002 PA 593, MCL 207.821 to 207.827, is not
eligible for any exemption, deduction, or credit under section 9.
(6) As used in this section:
(a) "Eligible pharmaceutical company" means a company that
meets all of the following criteria:
(i) Is engaged primarily in manufacturing, research and
development, and sale of pharmaceuticals.
(ii) Has not less than 8,500 employees located in this state,
all of whom are located within a 100-mile radius of each other.
(iii) Of the total number of employees located in this state,
has not less than 4,800 engaged primarily in research and
development of pharmaceuticals.
(b) "Redevelopment renaissance zone" means a renaissance zone
that meets 1 of the following:
(i) All of the following:
(A) Is located in a city with a population of more than 7,500
and less than 8,500 and is located in a county with a population of
more than 60,000 and less than 70,000.
(B) Contains an industrial site of 200 or more acres.
(ii) All of the following:
(A) Is located in a city with a population of more than 13,000
and less than 14,000 and is located in a county with a population
of more than 1,000,000 and less than 1,300,000.
(B) Contains an industrial site of 300 or more contiguous
acres.
(iii) All of the following:
(A) Is located in a township with a population of more than
5,500 and is located in a county with a population of less than
24,000.
(B) Contains an industrial site of more than 850 acres and has
railroad access.
(iv) All of the following:
(A) Is located in a city with a population of more than 40,000
and less than 44,000 and is located in a county with a population
of more than 81,000 and less than 87,000.
(B) Contains an industrial site of more than 475 acres.
(v) All of the following:
(A) Is located in a city with a population of more than 21,000
and less than 26,000 and is located in a county with a population
of more than 573,000 and less than 625,000.
(B) Contains an industrial site of less than 45 acres in size.