Michigan Compiled Laws
Act 376 of 1996 - Michigan Renaissance Zone Act (125.2681 - 125.2696)
Section 125.2696 - Report by State Research University.

Sec. 16.
A state research university shall annually report to the legislature on the economic effects of this act in each renaissance zone. The report shall include, but is not limited to, all of the following for each renaissance zone:
(a) Number of new jobs created.
(b) Percentage change in aggregate taxable value and state equalized value.
(c) Average wage of new jobs created.
(d) Percentage change of adjusted gross income of residents.
History: 1996, Act 376, Imd. Eff. July 17, 1996 Compiler's Notes: For transfer of Michigan strategic fund from department of management and budget to department of labor and economic growth, see E.R.O. No. 2003-1, compiled at MCL 445.2011.

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Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 125 - Planning, Housing, and Zoning

Act 376 of 1996 - Michigan Renaissance Zone Act (125.2681 - 125.2696)

Section 125.2681 - Short Title.

Section 125.2682 - Legislative Findings and Declarations.

Section 125.2683 - Definitions.

Section 125.2684 - Designation of Local Governmental Unit as Renaissance Zone; Application; Criteria; Additional Distinct Geographic Areas; Extension of Status; Resubmission.

Section 125.2685 - Renaissance Zone Review Board; Creation; Membership; Review of Applications; Recommendations; Submission Date; Compensation; Reimbursement for Travel and Expenses.

Section 125.2686 - State Administrative Board; Duties; Prohibitions; Designation of Renaissance Zone; Beginning Date; Modification of Boundaries.

Section 125.2687 - Renaissance Zone; Designation; Criteria; Resolution; Report of Transaction With or Gift to Official or Employee of Local Governmental Unit.