March 10, 2009, Introduced by Rep. Gonzales and referred to the Committee on Commerce.
A bill to amend 1987 PA 231, entitled
"An act to create a transportation economic development fund in the
state treasury; to prescribe the uses of and distributions from
this fund; to create the office of economic development and to
prescribe its powers and duties; to prescribe the powers and duties
of the state transportation department, state transportation
commission, and certain other bodies; and to permit the issuance of
certain bonds,"
by amending section 9 (MCL 247.909), as amended by 1993 PA 149.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 9. (1) A project shall relate to 1 or more of the
following categories:
(a) Economic development road projects in any of the following
targeted industries:
(i) Agriculture or food processing.
(ii) Tourism.
(iii) Forestry.
(iv) High technology research.
(v) Manufacturing.
(vi) Mining.
(vii) Office centers of not less than 50,000 square feet.
(c) Projects for reducing congestion on county primary and
city major streets within urban counties including advanced traffic
management systems.
(d) Development projects for the improvement of rural primary
roads in rural counties and major streets in cities and villages
with a population of 5,000 or less.
(e) Projects for development within rural counties on county
rural primary roads or major streets within incorporated villages
and cities with a population of less than 5,000.
(2) The minimum requirements specified in section 7 for
projects identified in subsection (1)(a) shall ensure that those
projects satisfy the following requirements:
(a) Meet a particular transportation need that is shown to
exist.
(b) Have an immediate positive impact on local employment and
the economy.
(c) Exclude speculative projects with little or no return on
investment. Projects that contribute to the economic development
and redevelopment of areas having experienced or having significant
potential to experience job loss which meet the criteria for
funding under section 7(3)(b)(ii) shall not be considered
speculative for the purposes of this subdivision.
(d) Provide cooperation and support between developers and
state and local government.
(e) Were evaluated on the basis of impact on the local
community.
(3) A project that is within 1 or more of the categories in
subsection (1) shall also meet the criteria developed for that
category.
(4) Beginning January 1, 2010, the commission shall not
approve a project that is within 1 or more of the categories in
subsection (1)(a) if the project is to accommodate a business that
has failed to comply with section 3 of the Michigan corporate
responsibility act or has failed to disclose a civil or criminal
offense as required by section 3 of the Michigan corporate
responsibility act.