Introduced
by
To revise a <a href="http://www.michiganvotes.org/2007-SB-861">2008 law</a> authorizing “promise zone” tax increment financing authorities (TIFA) to subsidize college tuition for students in low educational attainment areas, by allowing these authorities to more easily revise the academic performance standards they may or may not require students to meet; and also revise budget-related procedures, details of their board membership, minimum payment amounts and more.
Referred to the Committee on Education
Reported without amendment
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Substitute offered
The substitute passed by voice vote
Passed in the House 99 to 10 (details)
To revise a <a href="http://www.michiganvotes.org/2007-SB-861">2008 law</a> authorizing “promise zone” tax increment financing authorities (TIFA) to subsidize college tuition for students in low educational attainment areas, by allowing these authorities to more easily revise the academic performance standards they may or may not require students to meet; and also revise budget-related procedures, details of their board membership, minimum payment amounts, and more. It would also require annual audits of a zone's budget.
Referred to the Committee on Education
