SB-0529, As Passed Senate, December 8, 2005

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SENATE BILL No. 529

 

 

May 24, 2005, Introduced by Senator SCOTT and referred to the Committee on Finance.

 

 

 

     A bill to amend 1992 PA 147, entitled

 

"Neighborhood enterprise zone act,"

 

by amending sections 6 and 7 (MCL 207.776 and 207.777).

 

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 

     Sec. 6. Not later than 60 days after receipt of an approved

 

application for a homestead facility or a rehabilitated facility,

 

and not later than 30 days, or if an approved application is

 

received after October 31, not later than 45 days after receipt of

 

an approved application for a new facility, the commission shall

 

determine whether the homestead facility, new facility, or

 

rehabilitated facility complies with the requirements of this act.

 

If the commission finds compliance, it shall issue a neighborhood

 

enterprise zone certificate to the applicant and send a certified


 

copy of the certificate to the assessor of the local governmental

 

unit and each affected taxing unit. The assessor shall keep the

 

certificate filed on record in his or her office. The commission

 

shall maintain a record of all certificates filed. Notice of the

 

commission's refusal to issue a certificate shall be sent by

 

certified mail to the same persons.

 

     Sec. 7. (1) The commission shall not issue a neighborhood

 

enterprise zone certificate for a new facility unless the new

 

facility meets the requirements of the definition in section  2(e)  

 

2(g).

 

     (2) The commission shall not issue a neighborhood enterprise

 

zone certificate for a rehabilitated facility unless the

 

rehabilitated facility meets the requirements of the definition in

 

section  2(h)  2(k).

 

     (3) The commission shall not issue a neighborhood enterprise

 

zone certificate for a homestead facility unless the homestead

 

facility meets the requirements of the definition in section 2(e).