SB-0098, As Passed House, October 17, 2017
HOUSE SUBSTITUTE FOR
SENATE BILL NO. 98
A bill to amend 2008 PA 549, entitled
"Michigan promise zone authority act,"
by amending section 4 (MCL 390.1664), as added by 2016 PA 9.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 4. (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) A governing body shall set a date for a public hearing on
the adoption of a proposed resolution establishing a promise zone.
Notice of the public hearing shall be published twice in a
newspaper of general circulation in the eligible entity, at least
20 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 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 an eligible entity intends to proceed with
the establishment of a promise zone, it shall submit an application
to the department of treasury seeking approval to establish the
promise zone.
(4) The department of treasury shall review an application
submitted under subsection (3) and shall 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) Within 90 days after 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.
(7) If a governing body of an eligible entity by resolution
dissolves a promise zone established under subsection (5), the
department of treasury's certification authorizing that promise
zone under subsection (4) is terminated and does not count toward
the
limit of 10 15 certifications under subsection (4).