Act

Michigan promise zone authority act

Mich. Comp. Laws § 390.1661— Short title
Mich. Comp. Laws § 390.1663— Definitions
Mich. Comp. Laws § 390.1664— Promise zone; establishment by governing body; resolution; public hearing; application; review by department of treasury; determination of eligibility; certification; approval of resolution; election by local school district; establishment of separate promise zone by local school district; dissolution
Mich. Comp. Laws § 390.1664a— Ineligible entity; revenue capture from state education tax
Mich. Comp. Laws § 390.1665— Promise zone authority; creation; authority as public body corporate; powers; board; oath; proceedings and rules subject to open meetings act; removal of board member; writings subject to the freedom of information act
Mich. Comp. Laws § 390.1667— Promise zone development plan; provisions; funding for out-of-state postsecondary institution prohibited; submission of plan or amendments to department of treasury; failure to submit plan within certain time frame; review; approval or written notice of deficiencies; amendment
Mich. Comp. Laws § 390.1669— Cause of action not created
Mich. Comp. Laws § 390.1671— Director; powers and duties; acting director; treasurer; secretary; legal counsel; other personnel; deposit of money; administrative costs; limitation; submission of audited financial statements; certification of compliance
Mich. Comp. Laws § 390.1673— Board; powers
Mich. Comp. Laws § 390.1675— Budget
Mich. Comp. Laws § 390.1677— Capture of state education tax; determination of base year; payments
Mich. Comp. Laws § 390.1679— Department of treasury; assumption of operational control; dissolution; resolution; use of remaining property and assets