2014 Senate Bill 1078

Revise college scholarship “promise zone” criteria

Introduced in the Senate

Sept. 18, 2014

Introduced by Sen. Bruce Caswell (R-16)

To revise a <a href="http://www.michiganvotes.org/2007-SB-861">2008 law</a> authorizing “promise zone” tax increment financing authorities (TIFA) that subsidize college tuition for students in low educational attainment areas, by capping the annual disbursements by an authority at $500,000 annually.

Referred to the Committee on Appropriations