Section 390.1649 - Creation of promise zone by ineligible entity.
MICHIGAN PROMISE ZONE ACT (EXCERPT)
Act 550 of 2008
390.1649 Creation of promise zone by ineligible entity.
Sec. 9.
(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 the Michigan promise zone authority act. The governing body of a city, township, county, local school district, or intermediate school district that is not an eligible entity shall not be considered under section 5 in determining the number of governing bodies of eligible entities eligible to establish a promise zone under this act.
(2) This section shall not prevent an eligible entity located within a city, township, county, local school district, or intermediate school district that is not an eligible entity from creating a promise zone under this act and capturing revenue from the state education tax under the Michigan promise zone authority act.
History: 2008, Act 550, Imd. Eff. Jan. 13, 2009