Bill Text: MI SB0293 | 2009-2010 | 95th Legislature | Engrossed
Bill Title: Economic development; renaissance zones; eligibility requirements; modify. Amends secs. 15 & 16 of 1996 PA 376 (MCL 125.2695 & 125.2696) & adds secs. 8g & 8h. TIE BAR WITH: SB 0502'09, SB 0539'09
Spectrum: Partisan Bill (Democrat 13-0)
Status: (Engrossed - Dead) 2009-10-29 - Referred To Conference Committee 10/27/2009 [SB0293 Detail]
Download: Michigan-2009-SB0293-Engrossed.html
SB-0293, As Passed House, June 18, 2009
HOUSE SUBSTITUTE FOR
SENATE BILL NO. 293
A bill to amend 1996 PA 376, entitled
"Michigan renaissance zone act,"
by amending section 15 (MCL 125.2695) and by adding sections 8g and
8h.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 8g. Beginning July 1, 2009, 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 construct, operate,
renovate, rehabilitate, or improve a facility in the renaissance
zone, unless the board or the Michigan strategic fund, as
applicable, determines that the facility cannot be constructed,
operated, renovated, rehabilitated, or improved 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.
(iii) To the extent that it will not have a significant adverse
effect on the residents of this state, a project located in a
county that borders on another state may use residents of that
state.
(b) Contract with businesses that agree to hire only residents
of this state to construct, operate, renovate, rehabilitate, or
improve a facility in the renaissance zone, unless the board or the
Michigan strategic fund, as applicable, determines that the
facility cannot be constructed, operated, renovated, rehabilitated,
or improved 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.
(iii) To the extent that it will not have a significant adverse
effect on the residents of this state, a project located in a
county that borders on another state may use residents of that
state.
Sec. 8h. (1) Beginning July 1, 2009, 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 written agreement
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 written agreement with the taxpayer described in this
section and section 8g shall also contain a remedy provision that
provides for all of, but not limited to, the following:
(a) A requirement that the taxpayer may not be eligible to
claim any future exemptions, deductions, or credits under this act
if the taxpayer is determined to be in substantial violation of the
provisions of this section or section 8g, 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 substantial
violation of the provisions of this section or section 8g, if
applicable, as determined by the board or the Michigan strategic
fund, as applicable.
Sec.
15. The department of Michigan jobs commission strategic
fund 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 jobs related
to the construction, operation, renovation, rehabilitation, or
improvement or a facility in the immediately preceding year.
(f) The total number of jobs related to the construction,
operation, renovation, rehabilitation, or improvement of a facility
created in the immediately preceding year.
(g) The specific reasons for each determination of exemption
from the provisions of section 8g(a) or (b) made by the board or
the Michigan strategic fund and the number of jobs related to each
determination.
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) House Bill No. 4085.
(b) House Bill No. 4086.
