The bill would amend the Michigan Economic Growth Authority Act to allow the Michigan Economic Growth Authority (MEGA) to execute up to 50 new agreements for tax credits each year for eligible businesses that were qualified high-technology businesses, as well as 25 new agreements each year (as currently allowed) for other eligible businesses; establish criteria, including minimum job development, for qualified high-technology businesses; require MEGA to determine the eligibility of and issue certificates to certain qualified taxpayers for single business tax credits proposed under Senate Bill 269; require MEGA to approve the capture of school operating taxes and work plans as provided in House Bill 4400; require MEGA to approve the relocation of public buildings or operations for the economic development purposes under the Brownfield Redevelopment Financing Act; and require MEGA to submit an annual report. House Bill 5443 (S-2) also would allow MEGA to enter into a tax credit agreement with an eligible business that either 1) was located in the State on the date of application, made new capital investment of $250 million in this State, and maintained 500 retained jobs; or 2) relocated production of a product to this State after the date of application, made capital investment of $500 million in this State, and maintained 500 retained jobs.