Bill Text: MI HB4083 | 2009-2010 | 95th Legislature | Engrossed


Bill Title: State financing and management; funds; strategic fund; modify eligibility requirements. Amends sec. 11 of 1984 PA 270 (MCL 125.2011). TIE BAR WITH: SB 0502'09, SB 0539'09

Spectrum: Partisan Bill (Democrat 48-0)

Status: (Introduced - Dead) 2009-10-27 - Referred To Conference Committee 10/27/2009 [HB4083 Detail]

Download: Michigan-2009-HB4083-Engrossed.html

HB-4083, As Passed Senate, May 7, 2009

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SENATE SUBSTITUTE FOR

 

HOUSE BILL NO. 4083

 

 

 

 

 

 

 

 

 

 

     A bill to amend 1984 PA 270, entitled

 

"Michigan strategic fund act,"

 

by amending section 11 (MCL 125.2011), as amended by 1987 PA 278.

 

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 

     Sec. 11. (1) Within 90 days after assistance for a project is

 

requested from the fund by the filing of a written application with

 

the board, the board shall approve or disapprove the request for

 

assistance. Upon written request by an applicant, the board may

 

reconsider its denial of an application for assistance under this

 

section or may waive the 90-day deadline for approving or

 

disapproving an application.

 

     (2) Beginning July 1, 2009, the board shall not approve a

 

request for assistance for a project or an economic development

 

project, or a loan or grant under chapter 8A, unless the applicant

 


states, in writing, that the applicant will not knowingly hire or

 

contract with any business entity that knowingly hires an

 

individual who is not authorized under federal law to work in the

 

United States.

 

     (3) Beginning July 1, 2009, the board shall not approve a

 

request for assistance for a project or an economic development

 

project, or a loan or grant under chapter 8A, unless the applicant

 

states, in writing, that the applicant will do all of the

 

following:

 

     (a) Hire only residents of this state or individuals who plan

 

on becoming residents of this state to work on projects, economic

 

development projects, or facilities that are constructed with a

 

loan or grant provided under chapter 8A unless the board determines

 

that the project, economic development project, or facilities that

 

are constructed with a loan or grant provided under chapter 8A

 

cannot be constructed by using only residents of this state or

 

individuals who plan on becoming residents of this state for 1 or

 

more of the following:

 

     (i) To the extent necessary to comply with federal law or

 

regulation concerning the use of federal funds.

 

     (ii) To the extent that key management personnel or individuals

 

with special skills, who are not residents of this state, are

 

needed.

 

     (iii) However, for facilities located in a county that borders

 

on another state, if the board determines that the use of

 

nonresidents for the construction, rehabilitation, development, or

 

renovation will not have a significant adverse effect on the

 


employment of residents in this state.

 

     (b) Contract with businesses that agree to hire only residents

 

of this state or individuals who plan on becoming residents of this

 

state to work on projects, economic development projects, or

 

facilities that are constructed with a loan or grant provided under

 

chapter 8A unless the board determines that the project, economic

 

development project, or facilities that are constructed with a loan

 

or grant provided under chapter 8A cannot be constructed by using

 

only residents of this state or individuals who plan on becoming

 

residents of this state for 1 or more of the following:

 

     (i) To the extent necessary to comply with federal law or

 

regulation concerning the use of federal funds.

 

     (ii) To the extent that key management personnel or individuals

 

with special skills, who are not residents of this state, are

 

needed.

 

     (iii) However, for facilities located in a county that borders

 

on another state, if the board determines that the use of

 

nonresidents for the construction, rehabilitation, development, or

 

renovation will not have a significant adverse effect on the

 

employment of residents in this state.

 

     (4) Beginning July 1, 2009, the written agreement described in

 

subsections (2) and (3) shall also contain a remedy provision that

 

provides for all of, but not limited to, the following:

 

     (a) A requirement that the applicant's financing, loan, or

 

grant is revoked under this act if the applicant is determined to

 

be in violation of subsection (2) or (3), as determined by the

 

board.

 


     (b) A requirement that the applicant may be required to repay

 

some or all of the benefits received under this act if the

 

applicant is determined to be in violation of the provisions of

 

subsection (2) or (3), as determined by the board.

 

     (5) Not later than February 1 each year, the board shall

 

report to each house of the legislature on the activities for the

 

immediately preceding fiscal year. The report shall contain all of

 

the following:

 

     (a) The number of Michigan residents employed in jobs from

 

projects, economic development projects, or facilities constructed

 

with a loan or grant provided under chapter 8A in the immediately

 

preceding year.

 

     (b) The number of Michigan residents employed in jobs and the

 

number of jobs created from other economic development initiatives

 

that are required to be reported to the board.

 

     (c) The specific reasons for each determination of exemption

 

from the provisions of subsection (3)(a) or (b) made by the board

 

and the number of jobs related to each determination.

 

     (d) Any other information the board determines necessary.

 

     Enacting section 1. This amendatory act does not take effect

 

unless all of the following bills of the 95th Legislature are

 

enacted into law:

 

     (a) Senate Bill No. 502.                                       

 

            

 

     (b) Senate Bill No. 539.                                     

 

         

feedback