SENATE BILL NO. 374 February 24, 1999, Introduced by Senator STEIL and referred to the Committee on Economic Development, International Trade and Regulatory Affairs. A bill to amend 1996 PA 376, entitled "Michigan renaissance zone act," by amending section 10 (MCL 125.2690), as amended by 1998 PA 239. THE PEOPLE OF THE STATE OF MICHIGAN ENACT: 1 Sec. 10. (1) An individual who is a resident of a renais- 2 sance zone or a business that is located and conducts business 3 activity within a renaissance zone or a person that owns property 4 located in a renaissance zone is not eligible for the exemption, 5 deduction, or credit listed in section 9(1) or (2) for that tax- 6 able year if 1 or more of the following apply: 7 (a) The resident, business, or property owner is delinquent 8 under 1 or more of the following: 9 (i) The single business tax act, 1975 PA 228, MCL 208.1 to 10 208.145. 02374'99 JLB 2 1 (ii) The income tax act of 1967, 1967 PA 281, MCL 206.1 to 2 206.532. 3(iii) The city income tax act, 1964 PA 284, MCL 141.501 to4141.787.5 (iii)(iv)1974 PA 198, MCL 207.551 to 207.572. 6 (iv)(v)The commercial redevelopment act, 1978 PA 255, 7 MCL 207.651 to 207.668. 8 (v)(vi)The enterprise zone act, 1985 PA 224, MCL 9 125.2101 to 125.2123. 10 (vi)(vii)1953 PA 189, MCL 211.181 to 211.182. 11 (vii)(viii)The technology park development act, 1984 PA 12 385, MCL 207.701 to 207.718. 13 (viii)(ix)Part 511(commercial forests)of the natural 14 resources and environmental protection act, 1994 PA 451, MCL 15 324.51101 to 324.51120. 16 (ix)(x)The neighborhood enterprise zone act, 1992 PA 17 147, MCL 207.771 to 207.787. 18 (x)(xi)The city utility users tax act, 1990 PA 100, MCL 19 141.1151 to 141.1177. 20(xii) Taxes, fees, and special assessments collected under21the general property tax act, 1893 PA 206, MCL 211.1 to 211.157.22 (B) THE RESIDENT, BUSINESS, OR PROPERTY OWNER IS SUBSTAN- 23 TIALLY DELINQUENT AS DETERMINED BY THE QUALIFIED LOCAL GOVERNMEN- 24 TAL UNIT IN WHICH THE RENAISSANCE ZONE IS LOCATED UNDER 1 OR BOTH 25 OF THE FOLLOWING: 26 (i) THE CITY INCOME TAX ACT, 1964 PA 284, MCL 141.501 TO 27 141.787. 02374'99 3 1 (ii) TAXES, FEES, AND SPECIAL ASSESSMENTS COLLECTED UNDER 2 THE GENERAL PROPERTY TAX ACT, 1893 PA 206, MCL 211.1 TO 211.157. 3 (C)(b)For residential rental property in a renaissance 4 zone, the residential rental property is not in substantial com- 5 pliance with all applicable state and local zoning, building, and 6 housing laws, ordinances, or codes and the residential rental 7 property owner has not filed an affidavit before December 31 in 8 the immediately preceding tax year with the local tax collecting 9 unit in which the residential rental property is located as 10 required under section 7ff of the general property tax act, 1893 11 PA 206, MCL 211.7ff. 12 (2) A business located in a qualified local governmental 13 unit that relocates from outside a renaissance zone into a 14 renaissance zone in that same qualified local governmental unit 15 shall not receive the exemptions, deductions, or credits 16 described in section 9 unless the governing body of the qualified 17 local governmental unit in which the renaissance zone is located 18 approves the relocation of the business. 19 (3)IfUNLESS APPROVAL OF THE RELOCATION IS OBTAINED UNDER 20 SUBSECTION (2), IF a business relocates more than 25 full-time 21 equivalent jobsfrom 1 or more local governmental units other22than a local governmental unit in which a renaissance zone is23locatedtoa local governmental unit withina renaissance 24 zone, the business shall notify the Michiganjobs commission25 STRATEGIC FUND IN THE DEPARTMENT OF MANAGEMENT AND BUDGET and the 26 local governmental unit from which the jobs are being relocated 27 of the relocation. The business is not eligible for the 02374'99 4 1 exemptions, deductions, or credits listed in section 9(1) and (2) 2 if the local governmental unit from which the jobs are being 3 relocated adopts a resolution objecting to the relocation of the 4 jobs within 60 days after the notification by the business. The 5 business becomes eligible for the exemptions, deductions, and 6 credits listed in section 9(1) and (2) when the local governmen- 7 tal unit that objected to the relocation rescinds its objection 8 by resolution. A local governmental unit that objects to the 9 relocation of jobs shall file a copy of all resolutions of objec- 10 tion and rescission with the department of treasury, Michigan 11jobs commissionSTRATEGIC FUND IN THE DEPARTMENT OF MANAGEMENT 12 AND BUDGET, county or local governmental unit that created the 13 renaissance zone into which the jobs are transferred, and the 14 local governmental unit into which the jobs are transferred. As 15 used in this subsection only, "local governmental unit" means a 16 city, village, or township. 17 (4) An individual who is a resident of a renaissance zone is 18 eligible for an exemption, deduction, or credit under section 19 9(1) and (2) until the department of treasury determines that the 20 aggregate state and local tax revenue forgone as a result of all 21 exemptions, deductions, or credits granted under this act to that 22 individual reaches $10,000,000.00. 23 (5) A casino located and conducting business activity within 24 a renaissance zone is not eligible for the exemption, deduction, 25 or credit listed in section 9(1) or (2). Real property in a 26 renaissance zone on which a casino is operated, personal property 27 of a casino located in a renaissance zone, and all property 02374'99 5 1 associated or affiliated with the operation of a casino is not 2 eligible for the exemption, deduction, or credit listed in sec- 3 tion 9(1) or (2). As used in this subsection, "casino" means a 4 casino or a parking lot, hotel, motel, or retail store owned or 5 operated by a casino, an affiliate, or an affiliated company, 6 regulated by this state pursuant to the Michigan gaming control 7 and revenue act, the Initiated Law of 1996, MCL 432.201 to 8432.216432.226. 02374'99 Final page. JLB