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Michigan Statutes, Title 390

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Title 390, UNIVERSITIES AND COLLEGES

110 chapters · 499 sections in this title.

All chapters in Title 390499 Ch 316-of-1986, MICHIGAN EDUCATION TRUST ACT22 Ch 269-of-1909, MICHIGAN STATE UNIVERSITY20 Ch 151-of-1851, UNIVERSITY OF MICHIGAN19 Ch 161-of-2000, MICHIGAN EDUCATION SAVINGS PROGRAM ACT16 Ch 222-of-1975, HIGHER EDUCATION LOAN AUTHORITY ACT16 Ch 295-of-1969, HIGHER EDUCATION FACILITIES AUTHORIT…16 Ch 77-of-1960, MICHIGAN HIGHER EDUCATION ASSISTANCE…12 Ch 208-of-1964, STATE COMPETITIVE SCHOLARSHIPS12 Ch 48-of-1963 (2nd Ex. Sess.), CENTRAL, EASTERN, NORTHERN, AND WEST…12 Ch 549-of-2008, MICHIGAN PROMISE ZONE AUTHORITY ACT12 Ch Territorial Laws-of-1833, Vol. III, KALAMAZOO COLLEGE11 Ch 70-of-1885, MICHIGAN TECHNOLOGICAL UNIVERSITY11 Ch 72-of-1857, ALBION COLLEGE11 Ch 315-of-1977, INDEMNIFICATION RESERVE FUND11

12 sections·Filtered byTitle 390✕Ch 549-of-2008✕

Mich. Comp. Laws § 390.1661 Short title.
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Sec. 1. This act shall be known and may be cited as the "Michigan promise zone authority act".
Mich. Comp. Laws § 390.1663 Definitions.
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Sec. 3. As used in this act: (a) "Authority" means a promise zone authority created under this act. (b) "Board" means the governing body of an authority. (c) "Eligible entity" means a city, township, county, local school district, or intermediate school district, in which the per…
Mich. Comp. Laws § 390.1664 Promise zone; establishment by governing body; resolution; public hearing; application; review by department of treasury; determination of eligibility; certification; approval of resolution; election by local school district; establishment of separate promise zone by local school district; dissolution.
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Sec. 4. (1) If a governing body determines that it is necessary for the best interests of the public to promote access to postsecondary education, the governing body may, by resolution, declare its intention to establish a promise zone. (2) A governing body shall set a date for a…
Mich. Comp. Laws § 390.1664a Ineligible entity; revenue capture from state education tax.
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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,…

Mich. Comp. Laws § 390.1665 Promise zone authority; creation; authority as public body corporate; powers; board; oath; proceedings and rules subject to open meetings act; removal of board member; writings subject to the freedom of information act.

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Sec. 5. (1) If a governing body, by resolution, establishes a promise zone under section 4(5), the governing body shall, by resolution, create a promise zone authority. (2) An authority is a public body corporate that may sue and be sued in any court of this state. An authority p…

Mich. Comp. Laws § 390.1667 Promise zone development plan; provisions; funding for out-of-state postsecondary institution prohibited; submission of plan or amendments to department of treasury; failure to submit plan within certain time frame; review; approval or written notice of deficiencies; amendment.

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Sec. 7. (1) A promise zone authority created under section 5 shall prepare a promise zone development plan. (2) A promise zone development plan must include, but is not limited to, all of the following: (a) A complete description of the proposed promise of financial assistance. T…

Mich. Comp. Laws § 390.1669 Cause of action not created.

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Sec. 9. (1) The establishment of a promise zone does not create a cause of action in law or in equity against this state, an eligible entity, or a promise zone authority. (2) The establishment of a promise zone development plan does not create a cause of action in law or in equit…

Mich. Comp. Laws § 390.1671 Director; powers and duties; acting director; treasurer; secretary; legal counsel; other personnel; deposit of money; administrative costs; limitation; submission of audited financial statements; certification of compliance.

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Sec. 11. (1) The board may employ a director. All of the following apply to a director employed by a board under this subsection: (a) The board shall establish the director's compensation. (b) The director serves at the pleasure of the board. (c) A member of the board is not elig…

Mich. Comp. Laws § 390.1673 Board; powers.

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Sec. 13. The board may do any of the following: (a) Prepare an analysis of the postsecondary educational opportunities for the residents of the promise zone. (b) Study and analyze the need for financial resources to provide postsecondary educational opportunities for residents of…

Mich. Comp. Laws § 390.1675 Budget.

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Sec. 15. (1) The board shall adopt a budget for the operation of the authority for each fiscal year, before the beginning of that fiscal year, based on a budget submitted to it by the director. The budget shall be prepared in the manner and contain the information required of mun…

Mich. Comp. Laws § 390.1677 Capture of state education tax; determination of base year; payments.

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Sec. 17. (1) The authority shall determine the base year for calculating the amount of incremental growth for the capture of the state education tax as provided in this section. The base year is the amount of revenue received from the collection of the state education tax in the …

Mich. Comp. Laws § 390.1679 Department of treasury; assumption of operational control; dissolution; resolution; use of remaining property and assets.

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Sec. 19. (1) The department of treasury shall oversee the operations of any promise zone authority or board created under this act. If the department of treasury determines that the actions of a promise zone authority or board are not in accordance with the promise zone developme…