HB-5865, As Passed House, March 18, 2008

 

 

 

 

 

 

 

 

 

 

 

SUBSTITUTE FOR

 

HOUSE BILL NO. 5865

 

 

 

 

 

 

 

 

 

 

 

     A bill to amend 1984 PA 270, entitled

 

"Michigan strategic fund act,"

 

(MCL 125.2001 to 125.2094) by adding chapter 8B.

 

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 

CHAPTER 8B

 

     Sec. 89. (1) The legislature finds and declares that the

 

activities authorized under this chapter to promote this state and

 

to encourage diversification of the economy and the creation of

 

jobs in this state are a public purpose and of paramount concern in

 

the interest of the health, safety, and general welfare of the

 

citizens of this state. It is the intent of the legislature that

 

the economic benefits and the creation of jobs resulting from this

 

chapter shall accrue substantially within this state.

 

     (2) Activities authorized under this chapter shall not be

 


House Bill No. 5865 (H-2) as amended March 18, 2008

considered a project, economic development project, or a product

 

assisted by the fund for purposes of chapter 1 or 2.

 

     Sec. 89a. The board shall establish a Michigan promotion

 

program to promote tourism in Michigan and pay business development

 

and marketing costs to promote business development in Michigan.

 

Upon request from the board, the state treasurer shall transfer

 

appropriated funds from the 21st century jobs trust fund

 

established under section 7 of the Michigan trust fund act, 2000 PA

 

489, MCL 12.257, in the amounts designated by the board at the time

 

and as necessary to fund disbursements required for the Michigan

 

promotion program. The funding provided under this chapter for

 

tourism promotion is intended to enhance funding beyond that

 

included in the annual appropriation for travel Michigan to attract

 

additional tourism expenditures and development of the tourism

 

industry in this state. [FUNDS APPROPRIATED FOR THE MICHIGAN PROMOTION

 PROGRAM SHALL NOT BE USED TO FUND SALARIES OR BENEFITS OF ANY STATE EMPLOYEES OR EMPLOYEES OF THE MICHIGAN ECONOMIC DEVELOPMENT CORPORATION.] The Michigan promotion program shall

include agri-tourism promotion and at least 1 winter tourism

 

campaign each fiscal year of the Michigan promotion program.

 

     Sec. 89b. (1) For the fiscal year ending September 30, 2008,

 

there is appropriated and transferred from the 21st century jobs

 

trust fund to the fund $60,000,000.00 for carrying out the purposes

 

of this chapter.

 

     (2) From the funds appropriated and transferred in subsection

 

(1), the fund shall disburse funds as follows:

 

     (a) For the 2007-2008 fiscal year, $1,000,000.00 to the

 

department of agriculture to be used for the export market

 

development program and agricultural promotion and development

 

programs.

 


House Bill No. 5865 (H-2) as amended March 18, 2008

     (b) For the 2008-2009 fiscal year, $1,000,000.00 to the

 

department of agriculture to be used for the export market

 

development program and agricultural promotion and development

 

programs.

 

     (c) The remaining funds shall be allocated as follows:

 

     (i) Not more than 2/3 to promote tourism in this state.

 

     (ii) Not more than 1/3 to promote business development in this

 

state.

 

     (3) The appropriation authorized in subsection (1) for the

 

Michigan promotion program is a work project appropriation and any

 

unencumbered or unallotted funds are carried forward into the

 

following fiscal year. The following is in compliance with section

 

451a(1) of the management and budget act, 1984 PA 431, MCL

 

18.1451a:

 

     (a) The purpose of the project is to provide economic benefits

 

and job creation within this state and to create incentives for the

 

diversification of this state's economy through the promotion of

 

tourism and enhancing this state's business marketing and

 

development activities.

 

     (b) The project will be accomplished through the use of

 

interagency agreements, state employees, and contracts.

 

     (c) The total estimated completion cost of the project is

 

$60,000,000.00.

 

     (d) The expected completion date is December 31, 2010.

     [(4) NO FUNDS APPROPRIATED IN THIS CHAPTER MAY BE USED FOR TOURISM PROMOTION OR BUSINESS DEVELOPMENT PROMOTION IF THE PROMOTION INCLUDES THE IMAGE OF A CANDIDATE FOR STATE OR FEDERAL ELECTIVE OFFICE AND THAT PROMOTION IS TARGETED TO A MEDIA MARKET IN THIS STATE.]