2012 Michigan Compiled Laws
Chapter 125 — PLANNING, HOUSING, AND ZONING
Act 275 of 2010 — NEXT MICHIGAN DEVELOPMENT ACT (125.2951 - 125.2959)
Section 125.2952 — Legislative findings; declaration.
NEXT MICHIGAN DEVELOPMENT ACT (EXCERPT)
Act 275 of 2010
125.2952 Legislative findings; declaration.
Sec. 2.
The legislature of this state finds and declares that there exists in this state the continuing need for programs to encourage economic development and investment, job creation and job retention, and ancillary economic growth in this state. To achieve these purposes, it is necessary to assist and encourage the creation and implementation of intergovernmental development corporations and to enable those corporations to foster economic opportunities in this state, prevent conditions of unemployment and underemployment, and promote economic growth.
History: 2010, Act 275, Imd. Eff. Dec. 15, 2010
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