PROMISE ZONE AUTHORITY BOARD MEMBERSHIP S.B. 555:

SUMMARY OF INTRODUCED BILL

IN COMMITTEE

Senate Bill 555 (as introduced 10-3-23)

Sponsor: Senator Sarah Anthony

Committee: Appropriations

Date Completed: 10-3-23

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.

MCL 390.1665 et al.

FISCAL IMPACT

The bill would not have a significant fiscal impact on the State or local units of government.

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.