November 29, 2005, Introduced by Senators JELINEK, GOSCHKA, VAN WOERKOM, GILBERT, BROWN, HARDIMAN, McMANUS, ALLEN, KUIPERS, BIRKHOLZ, PATTERSON, CROPSEY, SANBORN, GEORGE, TOY, GARCIA, STAMAS, JOHNSON, HAMMERSTROM, BISHOP, BARCIA, SWITALSKI and OLSHOVE and referred to the Committee on Commerce and Labor.
A bill to amend 1996 PA 376, entitled
"Michigan renaissance zone act,"
by amending section 8c (MCL 125.2688c), as amended by 2003 PA 93.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 8c. (1) The board, upon recommendation of the board of
the Michigan strategic fund defined in section 4 of the Michigan
strategic fund act, 1984 PA 270, MCL 125.2004, may designate not
more
than 20 40
additional renaissance zones for
agricultural
processing facilities within this state in 1 or more cities,
villages, or townships if that city, village, or township or
combination of cities, villages, or townships consents to the
creation of a renaissance zone for an agricultural processing
facility within their boundaries.
(2) Each renaissance zone designated for an agricultural
processing facility under this section shall be 1 continuous
distinct geographic area.
(3) The board may revoke the designation of all or a portion
of a renaissance zone for an agricultural processing facility if
the board determines that the agricultural processing facility
fails to commence operation or ceases operation in a renaissance
zone designated under this section.
(4) Beginning on the date of the amendatory act that added
this subsection, the board, when designating a renaissance zone for
an agricultural processing facility, all other things being equal,
shall give preference to a business entity already located in this
state.