2021 Michigan Compiled Laws
Chapter 390 - Universities and Colleges
Act 549 of 2008 - Michigan Promise Zone Authority Act (390.1661 - 390.1679)
Section 390.1664a - Ineligible Entity; Revenue Capture From State Education Tax.
Sec. 4a.
(1) A city, township, county, local school district, or intermediate school district that is not an eligible entity may create a promise zone under this act but shall not capture revenue from the state education tax under this act. The governing body of a city, township, county, local school district, or intermediate school district that is not an eligible entity shall not be considered under section 4 in determining the number of governing bodies of eligible entities eligible to establish a promise zone under this act.
(2) This section shall not prevent an eligible entity located within a city, township, county, local school district, or intermediate school district that is not an eligible entity from creating a promise zone under this act and capturing revenue from the state education tax under this act.
History: Add. 2016, Act 9, Imd. Eff. Feb. 16, 2016
