HOUSE BILL No. 5942

 

March 30, 2006, Introduced by Reps. Palsrok, Huizenga, Hummel, Marleau, Accavitti, Caswell, Hansen, Tobocman, Byrum, Emmons, Farhat, Stahl, Pastor, Condino, Bieda, Clemente and Lemmons, III and referred to the Committee on Commerce.

 

     A bill to amend 1996 PA 376, entitled

 

"Michigan renaissance zone act,"

 

by amending sections 4 and 11 (MCL 125.2684 and 125.2691), section

 

4 as amended by 2002 PA 477.

 

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 

     Sec. 4. (1) One or more qualified local governmental units may

 

apply to the review board to designate the qualified local

 

governmental unit or units as a renaissance zone if all of the

 

following criteria are met:

 

     (a) The geographic area of the proposed renaissance zone is

 

located within the boundaries of the qualified local governmental

 

unit or units that apply.

 

     (b) The application includes a development plan.

 


     (c) The proposed renaissance zone is not more than 5,000 acres

 

in size.

 

     (d) The renaissance zone does not contain more than 10

 

distinct geographic areas. Except as otherwise provided in this

 

subdivision, the minimum size of a distinct geographic area is not

 

less than 5 acres. A qualified local governmental unit or units may

 

designate not more than 4 distinct geographic areas in each

 

renaissance zone to have no minimum size requirement.

 

     (e) The application includes the proposed duration of

 

renaissance zone status, not to exceed 15 years, except as

 

otherwise provided in this section.

 

     (f) If the qualified local governmental unit has an elected

 

county executive, the county executive's written approval of the

 

application.

 

     (g) If the qualified local governmental unit is a city, that

 

city's mayor's written approval of the application.

 

     (2) A qualified local governmental unit may submit not more

 

than 1 application to the review board for designation as a

 

renaissance zone. A resolution provided by a city, village, or

 

township under section 7(2) does not constitute an application of a

 

city, village, or township for a renaissance zone under this act.

 

     (3) For a distinct geographic area described in subsection

 

(1)(d), a village may include publicly owned land within the

 

boundaries of any distinct geographic area.

 

     (4) Through  December 31, 2002  December 31, 2006, a qualified

 

local governmental unit or units in which a renaissance zone was

 

designated under section 8 or  8a  8a(1) or (3) may designate

 


additional distinct geographic areas not to exceed a total of 10

 

distinct geographic areas upon application to and approval by the

 

board of the Michigan strategic fund if the additional distinct

 

geographic areas will increase capital investment and job creation.

 

The duration of renaissance zone status for the additional distinct

 

geographic areas shall not exceed 15 years.  except as provided in

 

subsection (5).

 

     (5)  If  Through December 31, 2002, if a qualified local

 

governmental unit or units designate additional distinct geographic

 

areas in a renaissance zone under subsection (4), the qualified

 

local governmental unit or units may extend the duration of the

 

renaissance zone status of 1 or more distinct geographic areas in

 

that renaissance zone until 2017 upon application to and approval

 

by the board.

 

     (6) Through December 31, 2002, a qualified local governmental

 

unit or units in which a renaissance zone was designated under

 

section 8 or 8a may, upon application to and approval by the board,

 

seek to extend the duration of renaissance zone status until 2017.

 

Upon application, the board may extend the duration of renaissance

 

zone status.

 

     (7) Through December 31, 2006, a qualified local governmental

 

unit or units in which a renaissance zone was designated under

 

section 8 or 8a(1) or (3) may, upon application to and approval by

 

the board of the Michigan strategic fund, seek to extend the

 

duration of renaissance zone status for 1 or more portions of the

 

renaissance zone if additional capital investment and job creation

 

will occur as a result of the extension. The board of the Michigan

 


strategic fund may extend renaissance zone status for 1 or more

 

portions of the renaissance zone under this subsection for a period

 

of time not to exceed 5 years from the date of the application to

 

the board of the Michigan strategic fund under this subsection.

 

     Sec. 11. The form of the application for a renaissance zone

 

designation shall be as specified by the Michigan  jobs commission  

 

strategic fund. After the form of the application is specified by

 

the Michigan  jobs commission  strategic fund, the Michigan  jobs

 

commission  strategic fund shall file a copy of the application

 

with each house of the legislature. The board may request any

 

information from an applicant, in addition to that contained in an

 

application, as may be needed to permit the board to discharge its

 

responsibilities under this act.