MCL - Act 275 of 2010
AN ACT to encourage the creation of next Michigan development corporations by interlocal agreement and to prescribe their powers and duties; to foster economic opportunities in this state and prevent conditions of unemployment and underemployment and to promote economic growth; to provide for the designation of next Michigan development districts and next Michigan development businesses; and to prescribe the powers and duties of certain state and local departments, entities, and officials.
History: 2010, Act 275, Imd. Eff. Dec. 15, 2010
| Document | Type | Description |
|---|---|---|
| Section 125.2951 | Section | Short title. |
| Section 125.2952 | Section | Legislative findings; declaration. |
| Section 125.2953 | Section | Definitions. |
| Section 125.2954 | Section | Next Michigan development corporation; designation; eligibility; composition of territory; parties to interlocal agreement; application; preference. |
| Section 125.2955 | Section | Next Michigan development corporation; designation by board of Michigan strategic fund; limitation on number designated; development of application form and process; criteria; grant or denial of designation within certain time period; limitation. |
| Section 125.2956 | Section | Next Michigan development corporation; powers, duties, and responsibilities. |
| Section 125.2957 | Section | Business conducted at public meetings; public record; confidentiality; "financial or proprietary information" defined. |
| Section 125.2958 | Section | Dissolution or termination; validity of incentives previously granted. |
| Section 125.2959 | Section | Construction and interpretation of act. |