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2022 Michigan Compiled Laws
Chapter 125 - Planning, Housing, and Zoning
Act 275 of 2010 - Next Michigan Development Act (125.2951 - 125.2959)
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
- Section 125.2951 - Short Title.
- Section 125.2952 - Legislative Findings; Declaration.
- Section 125.2953 - Definitions.
- Section 125.2954 - Next Michigan Development Corporation; Designation; Eligibility; Composition of Territory; Parties to Interlocal Agreement; Application; Preference.
- Section 125.2955 - 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 - Next Michigan Development Corporation; Powers, Duties, and Responsibilities.
- Section 125.2957 - Business Conducted at Public Meetings; Public Record; Confidentiality; "Financial or Proprietary Information" Defined.
- Section 125.2958 - Dissolution or Termination; Validity of Incentives Previously Granted.
- Section 125.2959 - Construction and Interpretation of Act.
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