PROMISE ZONE AUTHORITY BOARD MEMBERSHIP S.B. 555:
SUMMARY OF BILL
REPORTED FROM COMMITTEE
Senate Bill 555 (as reported without amendment)
Sponsor: Senator Sarah Anthony
CONTENT
The bill would amend the Michigan Promise Zone Authority Act to do the following:
-- Require that an individual appointed to a promise zone authority board reside in the promise zone, or within a reasonable proximity to the promise zone.
-- Require that an individual serving on a promise zone authority board continue to reside within the zone or within a reasonable proximity to it.
-- Allow a promise of financial assistance to include expenditures on success programming designed to increase student degree or certificate attainment.
-- Specify that "administrative costs" would not include expenditures on educational improvement activities or success programming.
FISCAL IMPACT
The bill would not have a significant fiscal impact on the State or local units of government.
Date Completed: 10-19-23 Fiscal Analyst: Josh Sefton
This analysis was prepared by nonpartisan Senate staff for use by the Senate in its deliberations and does not constitute an official statement of legislative intent.