Bill Text: MI HB4202 | 2011-2012 | 96th Legislature | Introduced
Bill Title: Economic development; renaissance zones; eligibility requirements; modify. Amends secs. 15 & 16 of 1996 PA 376 (MCL 125.2695 & 125.2696) & adds secs. 8i & 8j.
Spectrum: Partisan Bill (Democrat 38-0)
Status: (Introduced - Dead) 2011-02-09 - Printed Bill Filed 02/09/2011 [HB4202 Detail]
Download: Michigan-2011-HB4202-Introduced.html
HOUSE BILL No. 4202
February 8, 2011, Introduced by Reps. Townsend, Melton, Lane, Darany, Slavens, Haugh, Kandrevas, Smiley, Ananich, Dillon, McCann, Liss, Rutledge, Constan, Barnett, Bauer, Segal, Stapleton, Hovey-Wright, Hobbs, Irwin, Bledsoe, Geiss, Switalski, Cavanagh, Stallworth, Byrum, Lipton, Durhal, Lindberg, Howze, Santana, Talabi, Brunner, Oakes, Brown and Womack and referred to the Committee on Commerce.
A bill to amend 1996 PA 376, entitled
"Michigan renaissance zone act,"
by amending sections 15 and 16 (MCL 125.2695 and 125.2696) and by
adding sections 8i and 8j.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 8i. Beginning July 1, 2011, when designating a
renaissance zone under section 8a(2), 8c, 8d, 8e, or 8f, if all
other considerations are equal, the board or the Michigan strategic
fund, as applicable, shall give preference to an applicant for
renaissance zone status if the applicant agrees, in writing, to do
all of the following:
(a) Hire only residents of this state to operate a facility in
the renaissance zone, unless the board or the Michigan strategic
fund, as applicable, determines that the facility cannot be
operated by using only 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.
(b) Contract with businesses that agree to hire only residents
of this state to construct a facility in the renaissance zone,
unless the board or the Michigan strategic fund, as applicable,
determines that the facility cannot be constructed by using only
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.
Sec. 8j. (1) Beginning July 1, 2011, if the board or the
Michigan strategic fund, as applicable, designates a renaissance
zone under section 8a(2), 8c, 8d, 8e, or 8f, a taxpayer that is a
business is not able to claim the exemption, deduction, or credit
under this act unless that taxpayer enters into a contract with the
board or the Michigan strategic fund, as applicable, that provides
that, for any work in the renaissance zone, the taxpayer 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.
(2) The contract with the taxpayer described in this section
and section 8i shall also contain a remedy provision that provides
for all of, but not limited to, the following:
(a) A requirement that the taxpayer is not eligible to claim
any future exemptions, deductions, or credits under this act if the
taxpayer is determined to be in violation of the provisions of this
section or section 8i, if applicable, as determined by the board or
the Michigan strategic fund, as applicable.
(b) A requirement that the taxpayer may be required to repay
some or all of the exemptions, deductions, or credits received
under this act if the taxpayer is determined to be in violation of
the provisions of this section or section 8i, if applicable, as
determined by the board or the Michigan strategic fund, as
applicable.
Sec.
15. The department of Michigan jobs commission energy,
labor, and economic growth shall annually report to the board of
the Michigan strategic fund and to the legislature on the economic
effects of this act in each renaissance zone. The report shall
include, but is not limited to, all of the following for each
renaissance zone:
(a) Number of new jobs created.
(b) Percentage change in aggregate taxable value and state
equalized value.
(c) Average wage of new jobs created.
(d) Percentage change of adjusted gross income of residents.
(e) The number of Michigan residents employed in new jobs in
the immediately preceding year.
(f) The total number of new jobs created in the immediately
preceding year.
(g) The specific reasons for each determination of exemption
from the provisions of section 8i(a) or (b) made by the board or
the Michigan strategic fund and the number of jobs related to each
determination.
Sec. 16. A state research university shall annually report to
the legislature on the economic effects of this act in each
renaissance zone. The report shall include, but is not limited to,
all of the following for each renaissance zone:
(a) Number of new jobs created.
(b) Percentage change in aggregate taxable value and state
equalized value.
(c) Average wage of new jobs created.
(d) Percentage change of adjusted gross income of residents.
(e) The number of Michigan residents employed in new jobs in
the immediately preceding year.
(f) The total number of new job created in the immediately
preceding year.
(g) The specific reasons for each determination of exemption
from the provisions of section 8i(a) or (b) made by the board or
the Michigan strategic fund and the number of jobs related to each
determination.
