Bill Text: MI HB4782 | 2013-2014 | 97th Legislature | Introduced
Bill Title: Economic development; other; next Michigan development act; modify. Amends sec. 4 of 2010 PA 275 (MCL 125.2954).
Spectrum: Moderate Partisan Bill (Democrat 14-3)
Status: (Passed) 2014-12-16 - Placed On Order Of Third Reading [HB4782 Detail]
Download: Michigan-2013-HB4782-Introduced.html
HOUSE BILL No. 4782
May 29, 2013, Introduced by Reps. Kivela, Kosowski, McBroom, Foster, Schor, Dianda, Zemke, Schmidt, Yanez, Driskell, Knezek, Cavanagh, Barnett, Santana, LaVoy, Switalski and Oakes and referred to the Committee on Commerce.
A bill to amend 2010 PA 275, entitled
"Next Michigan development act,"
by amending section 4 (MCL 125.2954).
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 4. (1) An eligible act 7 entity may apply to the board of
the Michigan strategic fund for designation as a next Michigan
development corporation under this act. An eligible urban entity
may apply to the board of the Michigan strategic fund for
designation as a next Michigan development corporation under this
act. An eligible urban entity may expressly designate an
instrumentality of an eligible urban entity or a nonprofit
corporation to file the application and act as the next Michigan
development corporation on behalf of the eligible urban entity.
(2) The territory of a next Michigan development corporation
shall be composed of the area within the boundaries of the cities,
villages, and townships which are parties to the interlocal
agreement as the same may be amended to add or remove parties from
time to time or the area of the eligible urban entity. The
interlocal agreement may include a division of rights,
responsibilities, and duties between and among the local government
unit parties as may be determined appropriate by the local
government unit parties to implement the purposes of this act and
otherwise shall conform to law.
(3) Except for an application from or on behalf of an eligible
urban entity, the application for next Michigan development
corporation status under this act shall be accompanied by a copy of
the interlocal agreement creating the eligible act 7 entity and the
approval of the governor of the interlocal agreement pursuant to
section 10 of the urban cooperation act of 1967, 1967 (Ex Sess) PA
7, MCL 124.510.
(4) In determining whether to designate a next Michigan
development corporation, the Michigan strategic fund shall give
preference to an eligible act 7 entity that is made up of not fewer
than 2 contigous counties that combined have a population of more
than 103,000 but less than 106,000 according to the most recent
decennial census and the population of the largest city of 1 of
those counties when combined with the largest city of the other
county is more than 32,500 but less than 35,500.
