Introduced
by
To allow a local government with a renaissance zone to designate up to 10 additional distinct geographical areas as part of the zone, with the approval of the board of the Michigan Strategic Fund. Also, to allow them to extend the duration of one or more portions of a renaissance zone by up to five years if additional capital investment and job creation would occur as a result.
Referred to the Committee on Commerce
Reported without amendment
With the recommendation that the substitute (H-2) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one that allows the duration of one or more portions of a renaissance zone to be extended up to 15 years, instead of five years.
The substitute passed by voice vote
Passed in the House 105 to 0 (details)
To allow a local government with a renaissance zone to designate up to 10 additional distinct geographical areas as part of the zone, with the approval of the board of the Michigan Strategic Fund. Also, to allow them to extend the duration of one or more portions of a renaissance zone by up to 15 years if additional capital investment and job creation would occur as a result.
Referred to the Committee on Commerce and Labor
Substitute offered
To replace the previous version of the bill with one that expands the proposed definition of which renaissance zones that could be made larger.
The substitute passed by voice vote
Passed in the Senate 37 to 0 (details)
To allow a local government with a renaissance zone to designate up to 10 additional distinct geographical areas as part of the zone, with the approval of the board of the Michigan Strategic Fund. Also, to allow them to extend the duration of one or more portions of a renaissance zone by up to 15 years if additional capital investment and job creation would occur as a result.
Passed in the House 107 to 0 (details)
To concur with the Senate-passed version of the bill.
