HOUSE BILL No. 4010

 

January 15, 2015, Introduced by Rep. Phelps and referred to the Committee on Education.

 

     A bill to amend 2008 PA 550, entitled

 

"Michigan promise zone act,"

 

by amending section 5 (MCL 390.1645).

 

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 

     Sec. 5. (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) The A governing body shall set a date for a public hearing

 

on the adoption of a proposed resolution establishing the a promise

 

zone. Notice of the public hearing shall be published twice in a

 

newspaper of general circulation in the eligible entity, not less

 

than at least 20 or and not more than 40 days before the date of


 

the hearing. Notice of the hearing shall be posted in at least 20

 

conspicuous and public places in the eligible entity not less than

 

at least 20 days before the hearing. The notice shall state the

 

date, time, and place of the hearing and shall describe the

 

proposed promise zone, the details of the promise of financial

 

assistance, and the criteria for eligibility to receive that

 

financial assistance.

 

     (3) Not less than At least 30 days after the public hearing,

 

if the governing body of the an eligible entity intends to proceed

 

with the establishment of the a promise zone, it shall submit an

 

application to the department of treasury seeking approval to

 

establish a the promise zone.

 

     (4) The department of treasury shall review the an application

 

submitted under subsection (3) and shall certify that determine if

 

the governing body of the eligible entity that submitted the

 

application is eligible to establish a promise zone under this act.

 

If so, the department of treasury shall certify the eligibility of

 

that governing body to establish a promise zone. The department of

 

treasury shall review the applications submitted under subsection

 

(3) on a first-come first-served basis and shall not certify more

 

than 10 15 governing bodies of eligible entities as eligible to

 

establish a promise zone under this act.

 

     (5) If the department of treasury certifies that the governing

 

body of the eligible entity is eligible to create a promise zone,

 

the governing body shall, by resolution, establish a promise zone.

 

     (6) Not more than Within 90 days after the a governing body

 

approves a resolution to establish a promise zone, a local school


 

district may by resolution elect not to participate in the

 

establishment of a promise zone by the governing body of the

 

eligible entity in which the local school district is located. The

 

resolution shall include a provision that the local school district

 

will establish a separate promise zone under this act. If the local

 

school district does not establish a promise zone within a

 

reasonable period of time, the department of treasury may include

 

that local school district in the promise zone established by the

 

eligible entity in which the local school district is located.