SB 0656
Economic development: other; 1961 PA 120; amend to reflect elimination of the Michigan strategic fund. Amends sec. 10f of 1961 PA 120 (MCL 125.990f). TIE BAR WITH: SB 0631'25
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Bill overview
This bill amends a Michigan law (1961 PA 120) to reflect the elimination of the Michigan Strategic Fund. Specifically, it adjusts section 10f, which governs the creation and operation of business improvement zones. The bill maintains the existing provisions regarding property owner eligibility, election procedures, and reimbursement for city/village expenses related to establishing these zones, while also clarifying rules for proportional voting and defining ‘affiliate’ for the purposes of the Michigan Strategic Fund Act.
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Primary sponsor
Thomas A. Albert
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