reglab/statecodes huggingface dataset:
2023 Michigan Compiled Laws › Chapter 125 - Planning, Housing, and Zoning › Act 59 of 1986 - Resort District Rehabilitation Act (125.2201 - 125.2219) › Section 125.2208 - Ad Valorem Tax on Property Located in Resort District; Mills; Limitation; Collection; Disposition; Borrowing Money and Issuing Notes; Extension of Tax.

125.2208 Ad valorem tax on property located in resort district; mills; limitation; collection; disposition; borrowing money and issuing notes; extension of tax.
Sec. 8.
(1) Subject to the provisions of section 7, an authority may levy an ad valorem tax on the taxable value of the real and tangible personal property located in the resort district and not exempt by law. The tax shall not be more than 3 mills for a period of not more than 5 years. The tax shall be collected by the township creating the authority levying the tax. The township shall collect the tax at the same time and in the same manner as it collects its other ad valorem taxes. The tax shall be paid to the treasurer of the authority and credited to the general fund of the authority for purposes of the authority.
(2) An authority may borrow money and issue its notes for that money pursuant to the revised municipal finance act, 2001 PA 34, MCL 141.2101 to 141.2821, in anticipation of collection of the ad valorem tax authorized in this section.
(3) Except as provided in subsection (4), the authority may extend the tax levied under this section for periods of not more than 5 years. An extension of the tax shall not be more than 3 mills. An extension shall not be levied unless, before September 15 of the year following the year in which a previously approved tax levy expires, the extension is approved by a majority of the electors who reside in the resort district and who vote on the proposition.
(4) If a tax levy has been previously levied and approved by a majority of electors who reside within the resort district on 2 previous occasions, the authority may extend the tax levied under this section for a period of not more than 10 years. An extension of the tax shall not be more than 3 mills. An extension under this subsection shall not be levied unless, before September 15 following the year in which a previously approved tax levy expires, the extension is approved by a majority of the electors who reside in the resort district and who vote on the proposition.
History:
1986, Act 59, Imd. Eff. Mar. 26, 1986 ;-- Am. 1996, Act 209, Imd. Eff. May 22, 1996 ;-- Am. 2002, Act 236, Imd. Eff. Apr. 29, 2002
2023 Michigan Compiled Laws › Chapter 125 - Planning, Housing, and Zoning › Act 59 of 1986 - Resort District Rehabilitation Act (125.2201 - 125.2219) › Section 125.2209 - Conducting Business at Public Meeting; Notice; Procedural Rules; Meetings; Removal of Member; Review; Expense Items; Financial Records; Writings Available to Public.

125.2209 Conducting business at public meeting; notice; procedural rules; meetings; removal of member; review; expense items; financial records; writings available to public.
Sec. 9.
(1) The business which the board may perform shall be conducted at a public meeting of the board held in compliance with the open meetings act, Act No. 267 of the Public Acts of 1976, being sections 15.261 to 15.275 of the Michigan Compiled Laws. Public notice of the time, date, and place of the meeting shall be given in the manner required by Act No. 267 of the Public Acts of 1976. The board shall adopt rules consistent with Act No. 267 of the Public Acts of 1976 governing its procedure and the holding of regular meetings, subject to the approval of the township board. Special board meetings may be held if called in the manner provided in the rules of the board.
(2) Pursuant to notice and after having been given an opportunity to be heard, a board member may be removed for cause by the township board. Removal of a member is subject to review by the circuit court.
(3) All expense items of the authority shall be publicized monthly and the financial records shall always be open to the public.
(4) In addition to the items and records prescribed in subsection (3), a writing prepared, owned, used, in the possession of, or retained by the board in the performance of an official function shall be made available to the public in compliance with the freedom of information act, Act No. 442 of the Public Acts of 1976, being sections 15.231 to 15.246 of the Michigan Compiled Laws.
History:
1986, Act 59, Imd. Eff. Mar. 26, 1986
2023 Michigan Compiled Laws › Chapter 125 - Planning, Housing, and Zoning › Act 59 of 1986 - Resort District Rehabilitation Act (125.2201 - 125.2219) › Section 125.2210 - Director.

125.2210 Director.
Sec. 10.
(1) Subject to the approval of the township board, the board may employ and fix the compensation of a director or may enter into a contract with an individual, the township, a corporation, or other legal entity to perform the functions of the director. The director shall serve at the pleasure of the board. A board member shall not be eligible to hold the position of director or acting director. Before entering upon the duties of office, the director shall take and subscribe to the constitutional oath of office, and shall furnish bond by posting a bond in the penal sum determined in the ordinance establishing the authority, which bond is payable to the authority for use and benefit of the authority, approved by the board, and filed with the municipal clerk. The premium on the bond shall be considered to be an operating expense of the authority, payable from funds available to the authority for operating expenses.
(2) The director shall be the chief executive officer of the authority. Subject to the board's approval, the director shall supervise, and be responsible for, preparing plans and performing the functions of the authority in the manner authorized by this act. The director shall attend board meetings and shall provide the board and township board with a regular report covering the activities and financial condition of the authority.
(3) If the director is absent or disabled, the board may designate a qualified person as acting director to perform the duties of the office. Before entering upon the duties of office, the acting director shall take and subscribe to the oath of office and furnish bond as required of the director. The director shall furnish the board with information or reports governing the operation of the authority as the board requires.
History:
1986, Act 59, Imd. Eff. Mar. 26, 1986
2023 Michigan Compiled Laws › Chapter 125 - Planning, Housing, and Zoning › Act 59 of 1986 - Resort District Rehabilitation Act (125.2201 - 125.2219) › Section 125.2211 - Employment of Personnel; Contracts.

125.2211 Employment of personnel; contracts.
Sec. 11.
The board may employ other personnel considered necessary by the board including, but not limited to, a treasurer and secretary. The board may enter into a contract with an individual, the township, a corporation, or other legal entity to perform the duties of a treasurer, secretary, or other functions the board considers necessary.
History:
1986, Act 59, Imd. Eff. Mar. 26, 1986
2023 Michigan Compiled Laws › Chapter 125 - Planning, Housing, and Zoning › Act 59 of 1986 - Resort District Rehabilitation Act (125.2201 - 125.2219) › Section 125.2212 - Powers of Board.

125.2212 Powers of board.
Sec. 12.
The board may do any of the following:
(a) Prepare an analysis of infrastructure changes taking place in the resort district.
(b) Plan and propose rehabilitation within the resort district.
(c) Implement any plan of rehabilitation in the resort district necessary to achieve the purposes of this act, in accordance with the powers of the authority as granted by this act.
(d) Make and enter into contracts necessary or incidental to the exercise of its powers and the performance of its duties.
(e) Acquire by purchase or otherwise, on terms and conditions and in a manner the authority considers proper, or own, convey, or otherwise dispose of, or lease as lessor or lessee, land or other property, real or personal, or rights or interests in land or other property, which the authority determines is reasonably necessary to achieve the purposes of this act, and to grant or acquire licenses, easements, and options with respect to the property.
(f) Fix, charge, and collect fees, rents, and charges for the use of a building or property under its control or a part of such a building or property, and pledge the fees, rents, and charges for the payment of revenue bonds issued by the authority.
(g) Lease a building or property under its control, or a part of such a building or property.
(h) Accept grants and donations of property, labor, or other things of value from a public or private source.
(i) Acquire and construct public facilities.
History:
1986, Act 59, Imd. Eff. Mar. 26, 1986
2023 Michigan Compiled Laws › Chapter 125 - Planning, Housing, and Zoning › Act 59 of 1986 - Resort District Rehabilitation Act (125.2201 - 125.2219) › Section 125.2213 - Revenue Bonds.

125.2213 Revenue bonds.
Sec. 13.
The authority may borrow money and issue its negotiable revenue bonds for that money pursuant to the revenue bond act of 1933, Act No. 94 of the Public Acts of 1933, being sections 141.101 to 141.139 of the Michigan Compiled Laws. Except as otherwise provided in this act, a revenue bond issued by the authority shall not be considered a debt of the township or the state. By majority vote of the members of the township board, the township may make a limited tax pledge of its full faith and credit to support the authority's revenue bonds.
History:
1986, Act 59, Imd. Eff. Mar. 26, 1986
2023 Michigan Compiled Laws › Chapter 125 - Planning, Housing, and Zoning › Act 59 of 1986 - Resort District Rehabilitation Act (125.2201 - 125.2219) › Section 125.2214 - Bonds to Finance Rehabilitation Plan.

125.2214 Bonds to finance rehabilitation plan.
Sec. 14.
(1) If authorized in the ordinance or resolution of the township creating the authority, by resolution of its board, and subject to the limitations set forth in this section, the authority may authorize, issue, and sell its bonds to finance a rehabilitation plan. The bonds shall mature not later than the last year for which the authority is entitled to levy an ad valorem tax pursuant to section 8 and shall be subject to the revised municipal finance act, 2001 PA 34, MCL 141.2101 to 141.2821.
(2) If electors have approved the millage pursuant to section 7, the township board may, by a majority vote of its members make a limited tax pledge of its full faith and credit for the payment of principal and interest on the authority's bonds issued pursuant to this section.
History:
1986, Act 59, Imd. Eff. Mar. 26, 1986 ;-- Am. 2002, Act 236, Imd. Eff. Apr. 29, 2002
2023 Michigan Compiled Laws › Chapter 125 - Planning, Housing, and Zoning › Act 59 of 1986 - Resort District Rehabilitation Act (125.2201 - 125.2219) › Section 125.2215 - Rehabilitation Plan; Preparation; Contents.

125.2215 Rehabilitation plan; preparation; contents.
Sec. 15.
(1) If a board decides to finance the rehabilitation of the resort district by the use of revenue bonds as authorized in section 13 or 14, the board shall prepare a rehabilitation plan.
(2) The rehabilitation plan shall contain all of the following:
(a) The designation of boundaries of the resort district in relation to highways, streets, streams, or otherwise.
(b) The location and extent of existing roads, sewers, and drains within the resort district.
(c) A description of existing improvements in the resort district to be demolished, repaired, or altered, a description of any repairs and alterations, and an estimate of the time required for completion.
(d) The location, extent, character, and estimated cost of the improvements including rehabilitation contemplated for the resort district and an estimate of the time required for completion.
(e) A statement of the construction or stages of construction planned, and the estimated time of completion of each stage.
(f) A description of desired changes in streets, street levels, intersections, and utilities.
(g) An estimate of the cost of the rehabilitation with a statement of the proposed method of financing the rehabilitation and the ability of the authority to arrange the financing.
(h) Other material which the authority, local public agency, or township board considers pertinent.
History:
1986, Act 59, Imd. Eff. Mar. 26, 1986
2023 Michigan Compiled Laws › Chapter 125 - Planning, Housing, and Zoning › Act 59 of 1986 - Resort District Rehabilitation Act (125.2201 - 125.2219) › Section 125.2216 - Rehabilitation Plan; Public Hearing; Notice; Opportunity for Interested Persons to Be Heard; Receipt and Consideration of Written Communications; Opinions; Arguments; Documentary Evidence; Record of Hearing.

125.2216 Rehabilitation plan; public hearing; notice; opportunity for interested persons to be heard; receipt and consideration of written communications; opinions; arguments; documentary evidence; record of hearing.
Sec. 16.
(1) Before adopting a resolution approving a rehabilitation plan, the township board shall hold a public hearing on the rehabilitation plan. In addition to the notice requirements of the open meetings act, Act No. 267 of the Public Acts of 1976, being sections 15.261 to 15.275 of the Michigan Compiled Laws, notice of the time and place of the hearing shall be given by publication 3 times in a newspaper of general circulation designated by the township, the first of which shall be not less than 20 days before the date set for the hearing. Notice of the hearing shall be posted in at least 20 conspicuous and public places in the resort district not less than 20 days before the hearing.
(2) Notice of the time and place of hearing on a rehabilitation plan shall contain a description of the resort district in relation to highways, streets, streams, or otherwise; a statement that maps, plats, and a description of the rehabilitation plan are available for public inspection at a place designated in the notice; and a statement that all aspects of the rehabilitation plan are open for discussion at the public hearing. The notice may include other information that the township board considers appropriate.
(3) At the time set for the hearing, the township board shall provide an opportunity for interested persons to be heard and shall receive and consider written communications with reference to the testimony. The hearing shall provide the fullest opportunity for expression of opinion, for argument on the merits, and for introduction of documentary evidence pertinent to the rehabilitation plan. The township board shall make and preserve a record of the public hearing, including all data presented at the hearing.
History:
1986, Act 59, Imd. Eff. Mar. 26, 1986
2023 Michigan Compiled Laws › Chapter 125 - Planning, Housing, and Zoning › Act 59 of 1986 - Resort District Rehabilitation Act (125.2201 - 125.2219) › Section 125.2217 - Rehabilitation Plan as Constituting Public Purpose; Approval or Rejection of Plan; Consideration; Amendments to Plan.

125.2217 Rehabilitation plan as constituting public purpose; approval or rejection of plan; consideration; amendments to plan.
Sec. 17.
(1) After a public hearing on the rehabilitation plan as provided in section 16, the township board shall determine whether the rehabilitation plan constitutes a public purpose. If it determines that the rehabilitation plan constitutes a public purpose, the township board, by resolution, shall approve or reject the plan, or approve it with modification, based on all of the following considerations:
(a) The plan meets the requirements set forth in section 15.
(b) The proposed method of financing the rehabilitation is feasible and the authority has the ability to arrange the financing.
(c) The rehabilitation is reasonable and necessary to carry out the purposes of this act.
(d) The rehabilitation plan is in reasonable accord with the master plan of the township.
(2) Amendments to an approved rehabilitation plan shall be submitted by the authority to the township board for approval or rejection.
History:
1986, Act 59, Imd. Eff. Mar. 26, 1986
2023 Michigan Compiled Laws › Chapter 125 - Planning, Housing, and Zoning › Act 59 of 1986 - Resort District Rehabilitation Act (125.2201 - 125.2219) › Section 125.2218 - Budget; Assessment.

125.2218 Budget; assessment.
Sec. 18.
(1) The director of the authority shall prepare and submit for the approval of the board a budget for the operation of the authority for the ensuing fiscal year. Before the budget may be adopted by the board, the budget shall be approved by the township board. Funds of the township shall not be included in the budget of the authority except those funds authorized in this act or by the township board.
(2) If the township does not impose a property tax administration fee as provided in the general property tax act, Act No. 206 of the Public Acts of 1893, being sections 211.1 to 211.157 of the Michigan Compiled Laws, the township board may assess against the funds of the authority an amount equal to the actual cost of collecting those funds, which amount shall not exceed 1% of the amount collected under the ad valorem tax levied under this act.
History:
1986, Act 59, Imd. Eff. Mar. 26, 1986
2023 Michigan Compiled Laws › Chapter 125 - Planning, Housing, and Zoning › Act 59 of 1986 - Resort District Rehabilitation Act (125.2201 - 125.2219) › Section 125.2219 - Dissolution of Authority; Resolution; Disposition of Property and Assets.

125.2219 Dissolution of authority; resolution; disposition of property and assets.
Sec. 19.
An authority which has completed the purposes for which it was organized shall be dissolved by resolution of the township board. The property and assets of the authority remaining after the satisfaction of the obligations of the authority shall belong to the township.
History:
1986, Act 59, Imd. Eff. Mar. 26, 1986
2023 Michigan Compiled Laws › Chapter 125 - Planning, Housing, and Zoning › Act 296 of 2003 - Michigan Early Stage Venture Investment Act of 2003 (125.2231 - 125.2263) › Section 125.2231 - Short Title.

125.2231 Short title.
Sec. 1.
This act shall be known and may be cited as the "Michigan early stage venture investment act of 2003".
History:
2003, Act 296, Imd. Eff. Jan. 8, 2004
2023 Michigan Compiled Laws › Chapter 125 - Planning, Housing, and Zoning › Act 296 of 2003 - Michigan Early Stage Venture Investment Act of 2003 (125.2231 - 125.2263) › Section 125.2232 - Legislative Findings; Declaration.

125.2232 Legislative findings; declaration.
Sec. 2.
(1) The legislature finds all of the following:
(a) There exists a need to promote the economic health of this state by assisting in the creation of new jobs, new businesses, and new industries within this state and through the investment in certain businesses that focus on areas including, but not limited to, alternative energy technology, high-technology, and health care.
(b) Investing in businesses that are early stage growth companies and promoting economic growth in the state to assist the state in carrying out its essential governmental functions and as such are essential public purposes.
(c) Investments in certain businesses promote the retention of businesses and jobs that would be likely to leave the state absent the investment, revitalize and diversify the economic base of this state, generate and retain jobs and investment in this state, and help to effectuate legislative and governmental programs to promote economic growth in this state.
(d) Agreements with private corporations such as Michigan early stage venture investment corporations can assist the state by raising capital and investing that capital in venture capital firms with the intent to benefit this state's early stage growth companies thus facilitating economic growth and development and other government programs and supporting essential public purposes.
(2) It is hereby declared that the purposes of this act are as follows:
(a) To promote a healthy economic climate in this state by fostering job creation, retention, and expansion through the promotion of investment in certain businesses.
(b) To allow the state to enter into agreements with Michigan early stage venture investment corporations to promote a healthy economic climate in this state.
History:
2003, Act 296, Imd. Eff. Jan. 8, 2004
2023 Michigan Compiled Laws › Chapter 125 - Planning, Housing, and Zoning › Act 296 of 2003 - Michigan Early Stage Venture Investment Act of 2003 (125.2231 - 125.2263) › Section 125.2235 - Incorporation as Nonprofit Corporation.

125.2235 Incorporation as nonprofit corporation.
Sec. 5.
(1) A Michigan early stage venture investment corporation is a nonprofit corporation incorporated under the nonprofit corporation act, 1982 PA 162, MCL 450.2101 to 450.3192, that meets the registration requirements of this act.
(2) A Michigan early stage venture investment corporation shall be incorporated as a nonprofit corporation that has received, on or before August 1, 2005, a favorable determination from the internal revenue service that the corporation is exempt from taxation under section 501(c)(3) or 501(c)(4) of the internal revenue code. The department of treasury may allow up to 3, 30-day extensions of the date under this section for purposes of reviewing and approving an application for registration under section 11.
(3) Except as otherwise provided in this act to the contrary, a Michigan early stage venture investment corporation is subject to the laws of this state that are applicable to nonprofit corporations.
(4) A Michigan early stage venture investment corporation is a charitable and benevolent institution, and its funds, income, and property are exempt from taxation by this state or any political subdivision of this state.
(5) A corporation shall not act as a Michigan early stage venture investment corporation except as authorized under this act.
History:
2003, Act 296, Imd. Eff. Jan. 8, 2004 ;-- Am. 2005, Act 102, Imd. Eff. July 22, 2005
2023 Michigan Compiled Laws › Chapter 125 - Planning, Housing, and Zoning › Act 296 of 2003 - Michigan Early Stage Venture Investment Act of 2003 (125.2231 - 125.2263) › Section 125.2237 - Articles of Incorporation; Contents.

125.2237 Articles of incorporation; contents.
Sec. 7.
The articles of incorporation of a Michigan early stage venture investment corporation shall contain all of the following:
(a) The purposes of the corporation, which shall include, but are not limited to, all of the following:
(i) To operate and act exclusively for charitable purposes with the intent to lessen the financial burdens of the government of this state.
(ii) To receive and administer funds for the charitable purposes under subparagraph (i).
(iii) To raise capital and invest that capital in venture capital firms with the intent of benefiting Michigan's seed or early stage businesses.
(iv) To promote the economic health of this state by assisting in the creation of new jobs, new businesses, and new industries within this state and through the investment in certain businesses.
(v) To enter into an agreement with this state to promote the economic health of this state.
(b) A provision that the Michigan early stage venture investment corporation shall be governed by a board of directors that complies with the requirements in section 13.
(c) A provision that provides that, upon dissolution of the Michigan early stage venture investment corporation, the property remaining after providing for debts and obligations of the Michigan early stage venture investment corporation shall be distributed with the first $140,000,000.00 going to the general fund of this state and any remaining going to the 21st century jobs trust fund established in section 7 of the Michigan trust fund act, 2000 PA 489, MCL 12.257. For purposes of this subdivision, property remaining after providing for debts and obligations does not include grants, appropriations, or other restricted funds that must be distributed as required by the source of those funds.
History:
2003, Act 296, Imd. Eff. Jan. 8, 2004 ;-- Am. 2015, Act 192, Imd. Eff. Nov. 16, 2015
2023 Michigan Compiled Laws › Chapter 125 - Planning, Housing, and Zoning › Act 296 of 2003 - Michigan Early Stage Venture Investment Act of 2003 (125.2231 - 125.2263) › Section 125.2239 - Articles of Incorporation; Review and Certification by Attorney General; Exception.

125.2239 Articles of incorporation; review and certification by attorney general; exception.
Sec. 9.
(1) Prior to applying for registration as a Michigan early stage venture investment corporation under section 11, a nonprofit corporation shall submit its articles of incorporation and any amendments to those articles of incorporation to the attorney general for review and certification.
(2) The attorney general shall review the information submitted pursuant to subsection (1) and, if that information complies with the requirements of this act, and upon payment of a fee of $100.00, the attorney general shall issue a certificate of compliance to the Michigan early stage venture investment corporation not later than 60 days after the initial receipt of the information.
(3) Notwithstanding subsections (1) and (2), a Michigan early stage venture investment corporation that amends its articles of incorporation for the sole purpose of complying with section 7(c) is not required to submit that amendment to the attorney general for review or certification or to pay the fee otherwise required by subsection (2). The attorney general is not required to review or certify the amendment, and that amendment shall not affect any previous certification by the attorney general of the Michigan early stage venture investment corporation.
History:
2003, Act 296, Imd. Eff. Jan. 8, 2004 ;-- Am. 2015, Act 192, Imd. Eff. Nov. 16, 2015
2023 Michigan Compiled Laws › Chapter 125 - Planning, Housing, and Zoning › Act 296 of 2003 - Michigan Early Stage Venture Investment Act of 2003 (125.2231 - 125.2263) › Section 125.2245 - Delegation of Certain Acts; Fund Manager as Fiduciary; Evaluation of Business and Industry for Investment Purposes.

125.2245 Delegation of certain acts; fund manager as fiduciary; evaluation of business and industry for investment purposes.
Sec. 15.
(1) Except as otherwise provided in this act, in the nonprofit corporation act, 1982 PA 162, MCL 450.2101 to 450.3192, by law, or in its articles of incorporation, a Michigan early stage venture investment corporation may do or delegate any act consistent with this act and the purposes of the nonprofit corporation, including, but not limited to, the following:
(a) Enter into contracts and all necessary activities in the regular course of business of the Michigan early stage venture investment corporation.
(b) Charge reasonable fees for the implementation of this act and the ongoing operation of the Michigan early stage venture investment corporation.
(c) Perform acts or enter into financial or other transactions necessary to carry out its powers and duties under this act.
(d) Invest in venture capital funds through equity securities.
(e) Employ fund managers and other persons it considers necessary to implement this act.
(2) The fund manager shall exercise the duties of a fiduciary toward the corporation and shall discharge his or her duties with the degree of diligence, care, and skill that an ordinarily prudent person would exercise under the same or similar circumstances in a like position.
(3) Except as otherwise provided in section 19(4), the fund manager shall solicit investors pursuant to section 17.
(4) The Michigan early stage venture investment corporation shall require the fund manager to develop procedures to evaluate types of business and industry for investment purposes and to set priorities as to which businesses are most likely to meet the desired outcomes of the investment plan established under section 19 and which businesses conduct activities that are consistent with the purposes of this act and of the fund. This evaluation shall include, but not be limited to, the location of the firm and the direct and indirect impact of the business on the economic development of this state.
History:
2003, Act 296, Imd. Eff. Jan. 8, 2004 ;-- Am. 2005, Act 102, Imd. Eff. July 22, 2005 ;-- Am. 2015, Act 192, Imd. Eff. Nov. 16, 2015
2023 Michigan Compiled Laws › Chapter 125 - Planning, Housing, and Zoning › Act 296 of 2003 - Michigan Early Stage Venture Investment Act of 2003 (125.2231 - 125.2263) › Section 125.2251 - Annual Financial Audit.

125.2251 Annual financial audit.
Sec. 21.
The fund manager shall file an annual report with the Michigan early stage venture investment corporation that includes an annual financial audit conducted by an independent auditor and any other financial information and documentation required by the Michigan early stage venture investment corporation to ensure the proper administration and investment of the fund.
History:
2003, Act 296, Imd. Eff. Jan. 8, 2004 ;-- Am. 2015, Act 192, Imd. Eff. Nov. 16, 2015
2023 Michigan Compiled Laws › Chapter 125 - Planning, Housing, and Zoning › Act 296 of 2003 - Michigan Early Stage Venture Investment Act of 2003 (125.2231 - 125.2263) › Section 125.2255 - Construction of Act.

125.2255 Construction of act.
Sec. 25.
This act shall be construed liberally to effectuate the legislative intent and its purposes. All powers granted shall be cumulative and not exclusive and shall be broadly interpreted to effectuate the intent and purposes and not as a limitation of powers.
History:
2003, Act 296, Imd. Eff. Jan. 8, 2004
2023 Michigan Compiled Laws › Chapter 125 - Planning, Housing, and Zoning › Act 296 of 2003 - Michigan Early Stage Venture Investment Act of 2003 (125.2231 - 125.2263) › Section 125.2257 - Annual Report.

125.2257 Annual report.
Sec. 27.
(1) The Michigan early stage venture investment corporation shall publish and make available on the Internet an annual report not more than 3 months after the close of the Michigan early stage venture investment corporation's fiscal year that includes all of the following:
(a) An enumeration of all investment and related activities for the fiscal year.
(b) Documentation and analysis of the implementation and status of the Michigan early stage venture investment corporation's investment plan and the economic impact of the plan on this state, including, but not limited to, the following:
(i) The number of jobs represented by the investments made in qualified businesses in this state.
(ii) Return on investment generated by investment, the types of activities in which investment was made, and the impact of that investment on the economic base of this state.
(c) Return through the fiscal year from investments made by each Michigan early stage venture investment fund in venture capital companies.
(d) The number of seed or early stage businesses that have been funded by venture capital companies.
(e) The aggregate net distributions made to each fund by the venture capital companies that have entered into agreements with each Michigan early stage venture investment fund through the end of the fiscal year and since the inception of each Michigan early stage venture investment fund.
(f) The total amount invested by each Michigan early stage venture investment fund in venture capital companies.
(g) Any upcoming use of tax vouchers that is certain and the timing of that use.
(h) An estimate of the potential use of tax vouchers over the 5-year period following the end of the fiscal year.
(2) Each year, the Michigan early stage venture investment corporation shall provide a copy of the annual report described in subsection (1) to the chairpersons of the house and senate appropriations committees upon its publication.
History:
2003, Act 296, Imd. Eff. Jan. 8, 2004 ;-- Am. 2015, Act 192, Imd. Eff. Nov. 16, 2015
2023 Michigan Compiled Laws › Chapter 125 - Planning, Housing, and Zoning › Act 296 of 2003 - Michigan Early Stage Venture Investment Act of 2003 (125.2231 - 125.2263) › Section 125.2259 - Actions Required.

125.2259 Actions required.
Sec. 29.
Not later than 1 year after the effective date of this act or 10 months after the Michigan early stage venture investment corporation receives a determination from the internal revenue service that it is exempt from taxation under section 501(c)(3) or 501(c)(4) of the internal revenue code, whichever occurs later, all of the following shall occur:
(a) The Michigan early stage venture investment corporation shall be established and the board appointed.
(b) A fund manager shall be hired by the Michigan early stage venture investment corporation.
(c) An investment plan shall be established.
(d) Funds shall have been solicited and available for investment consistent with the investment plan.
History:
2003, Act 296, Imd. Eff. Jan. 8, 2004
2023 Michigan Compiled Laws › Chapter 125 - Planning, Housing, and Zoning › Act 296 of 2003 - Michigan Early Stage Venture Investment Act of 2003 (125.2231 - 125.2263) › Section 125.2261 - Expiration of Fund.

125.2261 Expiration of fund.
Sec. 31.
The fund created in section 19 shall expire on January 1, 2030. Any money in the fund, subject to all outstanding debts and obligation of the Michigan early stage venture investment corporation being defeased and satisfied, shall be distributed with the first $140,000,000.00 going to the general fund of this state and any remaining going to the 21st century jobs trust fund established in section 7 of the Michigan trust fund act, 2000 PA 489, MCL 12.257.
History:
2003, Act 296, Imd. Eff. Jan. 8, 2004 ;-- Am. 2015, Act 193, Imd. Eff. Nov. 16, 2015
2023 Michigan Compiled Laws › Chapter 125 - Planning, Housing, and Zoning › Act 296 of 2003 - Michigan Early Stage Venture Investment Act of 2003 (125.2231 - 125.2263) › Section 125.2263 - Conditional Effective Date.

125.2263 Conditional effective date.
Sec. 33.
This act does not take effect unless all of the following bills of the 92nd Legislature are enacted into law:
(a) Senate Bill No. 835.
(b) House Bill No. 5322.
History:
2003, Act 296, Imd. Eff. Jan. 8, 2004
2023 Michigan Compiled Laws › Chapter 125 - Planning, Housing, and Zoning › Act 96 of 1987 - The Mobile Home Commission Act (125.2301 - 125.2350) › Section 125.2301 - Short Title.

125.2301 Short title.
Sec. 1.
This act shall be known and may be cited as "the mobile home commission act".
History:
1987, Act 96, Imd. Eff. July 6, 1987
Compiler's Notes:
For transfer of powers and duties of the mobile home commission from the department of commerce to the director of the department of consumer and industry services, see E.R.O. No. 1996-2, compiled at MCL 445.2001 of the Michigan Compiled Laws.
2023 Michigan Compiled Laws › Chapter 125 - Planning, Housing, and Zoning › Act 96 of 1987 - The Mobile Home Commission Act (125.2301 - 125.2350) › Section 125.2306 - Promulgation of Rules by Department of Environmental Quality; Representatives of Local Government to Act in Advisory Capacity; Procedures for Effective Coordination.

125.2306 Promulgation of rules by department of environmental quality; representatives of local government to act in advisory capacity; procedures for effective coordination.
Sec. 6.
(1) After consultation with and considering comments from representatives of the manufactured housing industry and other interested parties, the department of environmental quality shall promulgate rules for mobile home parks and seasonal mobile home parks setting forth minimum standards regulating:
(a) Water supply system.
(b) Sewage collection and disposal system.
(c) Drainage.
(d) Garbage and rubbish storage and disposal.
(e) Insect and rodent control.
(f) General operation, maintenance, and safety.
(g) Certification of compliance under section 17.
(2) Representatives of local government shall act in an advisory capacity in the promulgation of the code.
(3) The commission shall consult with appropriate state and local governments in developing the procedures for effective coordination of efforts. The commission shall recommend procedures to the governor and the legislature for coordinating state agency decisions and activities pertaining to this act.
History:
1987, Act 96, Imd. Eff. July 6, 1987 ;-- Am. 2006, Act 328, Imd. Eff. Aug. 10, 2006
Compiler's Notes:
For transfer of powers and duties of department of environmental quality to department of natural resources and environment, see E.R.O. No. 2009-31, compiled at MCL 324.99919.
Admin Rule:
R 325.3311 et seq. of the Michigan Administrative Code.
2023 Michigan Compiled Laws › Chapter 125 - Planning, Housing, and Zoning › Act 96 of 1987 - The Mobile Home Commission Act (125.2301 - 125.2350) › Section 125.2308 - Exemptions.

125.2308 Exemptions.
Sec. 8.
This act shall not apply to property used for housing agricultural labor forces or campgrounds.
History:
1987, Act 96, Imd. Eff. July 6, 1987
2023 Michigan Compiled Laws › Chapter 125 - Planning, Housing, and Zoning › Act 96 of 1987 - The Mobile Home Commission Act (125.2301 - 125.2350) › Section 125.2309 - Rules Establishing Fees and Charges for Licenses or Permits; Application of Fees and Charges; Funding for Commission; Rules to Adjust Fees; Mobile Home Code Fund; Creation; Administration; Disposition of Fees and Money; Unexpended Funds.

125.2309 Rules establishing fees and charges for licenses or permits; application of fees and charges; funding for commission; rules to adjust fees; mobile home code fund; creation; administration; disposition of fees and money; unexpended funds.
Sec. 9.
(1) After consultation with and considering comments from representatives of the manufactured housing industry and other interested parties, the department shall promulgate rules to establish fees and charges for the issuance of licenses or permits under section 5.
(2) The fees and charges under this act shall be applied solely to the implementation of the act and shall constitute the total funding for the commission except as provided in 1959 PA 243, MCL 125.1035 to 125.1043.
(3) A fee shall not be charged for an investigation conducted pursuant to section 36.
(4) A fee shall not be charged or collected by the commission in excess of that necessary to administer and enforce this act.
(5) The department may promulgate rules to adjust the fees established in subsection (1) and in sections 16, 21, 30a, and 30c such that revenues obtained under this act equal appropriations by the legislature for the purpose of administering this act. However, the adjusted fees shall not exceed the fees stated in sections 16, 21, 30a, and 30c.
(6) To accomplish the objectives of this act, a mobile home code fund is created. Fees established by the act for the issuance of licenses, plans approval, permits, certificates of title, and affidavits of affixture are intended to bear a reasonable relation to the cost, including overhead, of the service. The state treasurer is the custodian of the fund and may invest the surplus of the fund in investments that in the state treasurer's judgment are in the best interest of the fund. Earnings from those investments shall be credited to the fund. The state treasurer shall report to the director and the legislature the amount of interest credited and the balance of the fund as of September 30 of each year. The director shall supervise and administer the fund. Fees received by the department and money collected under the act shall be deposited in the fund and shall be appropriated by the legislature for the operation of the bureau of construction codes and fire safety and indirect overhead expenses in the department. Funds that are unexpended at the end of each fiscal year shall be returned to the mobile home code fund.
History:
1987, Act 96, Imd. Eff. July 6, 1987 ;-- Am. 2006, Act 328, Imd. Eff. Aug. 10, 2006
Admin Rule:
R 125.1101 et seq. of the Michigan Administrative Code.
2023 Michigan Compiled Laws › Chapter 125 - Planning, Housing, and Zoning › Act 96 of 1987 - The Mobile Home Commission Act (125.2301 - 125.2350) › Section 125.2310 - Reproducing Documents Requested as Public Record.

125.2310 Reproducing documents requested as public record.
Sec. 10.
Upon request and at reasonable charges as the commission prescribes, the department shall furnish to a person a reproduction pursuant to the records media act, certified under the seal of office if requested, of a document that is retained as a matter of public record, except that the department shall not charge or collect a fee for a reproduction of a document furnished to a public official for use in his or her official capacity.
History:
1987, Act 96, Imd. Eff. July 6, 1987 ;-- Am. 1992, Act 203, Imd. Eff. Oct. 5, 1992
2023 Michigan Compiled Laws › Chapter 125 - Planning, Housing, and Zoning › Act 96 of 1987 - The Mobile Home Commission Act (125.2301 - 125.2350) › Section 125.2311 - Preliminary Plan for Development of Mobile Home Park or Seasonal Mobile Home Park; Submission; Contents; Review; Preliminary Approval.

125.2311 Preliminary plan for development of mobile home park or seasonal mobile home park; submission; contents; review; preliminary approval.
Sec. 11.
(1) A person who desires to develop a mobile home park or a seasonal mobile home park shall submit a preliminary plan to the appropriate municipality, local health department, county road commission, and county drain commissioner for preliminary approval. The preliminary plan shall include the location, layout, general design, and a general description of the project. The preliminary plan shall not include detailed construction plans.
(2) The municipality may grant preliminary approval if the proposed mobile home park or seasonal mobile home park conforms to applicable laws and local ordinances not in conflict with this act and laws and ordinances relative to:
(a) Land use and zoning.
(b) Municipal water supply, sewage service, and drainage.
(c) Compliance with local fire ordinances and state fire laws.
(3) The county drain commissioner shall review and may approve outlet drainage. The county road commission shall review and may approve ingress and egress roads. The county road commission and the county drain commissioner shall adopt and publish standards to implement this subsection. The county road commission and the county drain commissioner shall not have authority as to interior streets and drainage in the mobile home park or seasonal mobile home park, unless the streets or drains are dedicated to the public.
(4) The local health department shall grant preliminary approval, under the guidance of the department of public health, for on-site water and sewage service and general site suitability.
(5) If a reviewing agency as provided in this section has not returned the preliminary plan to the developer, either approved, modified, or disapproved within 60 days after it receives the preliminary plan, the preliminary plan shall be considered approved.
(6) Coordination of approvals by state and local governments shall be provided by the director of public health before it may grant construction approval.
(7) The developer shall submit the preliminary approval with the final plans to the department of public health for review before the department of commerce may issue a construction permit.
History:
1987, Act 96, Imd. Eff. July 6, 1987
2023 Michigan Compiled Laws › Chapter 125 - Planning, Housing, and Zoning › Act 96 of 1987 - The Mobile Home Commission Act (125.2301 - 125.2350) › Section 125.2312 - Submission of Legal Documents and Final Plans Draft; Application Fee; Review; Approval; Issuance of Construction Permit.

125.2312 Submission of legal documents and final plans draft; application fee; review; approval; issuance of construction permit.
Sec. 12.
(1) When all preliminary approvals are made, the developer shall submit the legal documents and the final plans draft to the department.
(2) The nonrefundable fee for an application for plans approval and a permit for new mobile home park construction or for the expansion of an existing licensed mobile home park is $185.00 plus an additional $4.00 for each home site over 25 home sites, to a maximum of $1,000.00. The nonrefundable fee for an application for an extension of a permit to construct is $185.00.
(3) The nonrefundable fee for the construction of a new home condominium or the expansion of an existing home condominium is $505.00, plus an additional $4.00 for each home condominium home site over 25 home sites that is to be constructed.
(4) The nonrefundable fee for an existing licensed mobile home park that converts to a home condominium with an increase in the number of home sites is $505.00, plus an additional $4.00 for each home condominium home site over 25 home sites, to a maximum of $1,480.00.
(5) The nonrefundable fee for an application for a permit to construct for an alteration to an existing mobile home park is $50.00.
(6) The department shall review the filing and within 90 days after filing issue its approval or disapproval. Upon the approval of all the reviewing agencies, the department shall issue a permit to construct the mobile home park or seasonal mobile home park.
History:
1987, Act 96, Imd. Eff. July 6, 1987 ;-- Am. 2006, Act 328, Imd. Eff. Aug. 10, 2006
2023 Michigan Compiled Laws › Chapter 125 - Planning, Housing, and Zoning › Act 96 of 1987 - The Mobile Home Commission Act (125.2301 - 125.2350) › Section 125.2313 - Construction Permit Required.

125.2313 Construction permit required.
Sec. 13.
(1) A person shall not construct a mobile home park or seasonal mobile home park without obtaining a permit issued by the department.
(2) Construction may begin upon the granting of a permit to construct by the department.
History:
1987, Act 96, Imd. Eff. July 6, 1987
2023 Michigan Compiled Laws › Chapter 125 - Planning, Housing, and Zoning › Act 96 of 1987 - The Mobile Home Commission Act (125.2301 - 125.2350) › Section 125.2314 - Affidavit.

125.2314 Affidavit.
Sec. 14.
Upon completion of the construction of the mobile home park or seasonal mobile home park, the owner or operator of the park and a registered professional engineer or architect shall file with the department an affidavit certifying that the mobile home park or seasonal mobile home park, lot, and work were completed in accordance with the approved specifications and plans.
History:
1987, Act 96, Imd. Eff. July 6, 1987
2023 Michigan Compiled Laws › Chapter 125 - Planning, Housing, and Zoning › Act 96 of 1987 - The Mobile Home Commission Act (125.2301 - 125.2350) › Section 125.2316a - Occupancy of Mobile Home in Seasonal Mobile Home Park.

125.2316a Occupancy of mobile home in seasonal mobile home park.
Sec. 16a.
Mobile homes located in a seasonal mobile home park may be occupied on a full-time basis from April 1 to October 31, but shall not be occupied for more than 15 consecutive days in any 30-day period from November 1 to March 31.
History:
1987, Act 96, Imd. Eff. July 6, 1987
2023 Michigan Compiled Laws › Chapter 125 - Planning, Housing, and Zoning › Act 96 of 1987 - The Mobile Home Commission Act (125.2301 - 125.2350) › Section 125.2317 - Inspection of Mobile Home Parks and Seasonal Mobile Home Parks; Report; Findings; Inspection for Purpose Other Than Issuing or Renewing License.

125.2317 Inspection of mobile home parks and seasonal mobile home parks; report; findings; inspection for purpose other than issuing or renewing license.
Sec. 17.
(1) The department or its authorized representative shall conduct a physical inspection of mobile home parks and seasonal mobile home parks in accordance with standards established by the department. The department shall prepare a report documenting the findings of the inspection and submit a copy of the report to each local government in which the mobile home park or seasonal mobile home park is located.
(2) Except for purposes of issuing a license or renewing a license pursuant to this act, a local government shall not inspect a mobile home park or seasonal mobile home park unless the local unit has reason to believe that this act, the code, or rules promulgated pursuant to this act were violated.
History:
1987, Act 96, Imd. Eff. July 6, 1987 ;-- Am. 2006, Act 328, Imd. Eff. Aug. 10, 2006 ;-- Am. 2015, Act 40, Eff. Sept. 1, 2015
Compiler's Notes:
For transfer of powers and duties of department of environmental quality to department of natural resources and environment, see E.R.O. No. 2009-31, compiled at MCL 324.99919.
Admin Rule:
R 125.1101 et seq. of the Michigan Administrative Code.