A bill to amend 1964 PA 284, entitled “City income tax act,” by amending section 8 of chapter 1 and sections 35, 54, and 55 of chapter 2 (MCL 141.508, 141.635, 141.654, and 141.655), section 8 of chapter 1 and section 35 of chapter 2 as added and sections 54 and 55 of chapter 2 as amended by 1996 PA 442.
House Bills 5852 thru 5869 create HOPE zones in Michigan's impoverished areas, offering targeted tax incentives and dedicated funding for neighborhood revitalization and workforce development, with strict eligibility, compliance, and reporting requirements.
Co-sponsored by Reps.
Referred to the Committee on Government Operations
