weblogo 1

Your Partner in Growing Your Community

MEDA Education and Training Programs

 

This page is under construction.

About Legislation

SB 0016 of 2019

This bill would provide for recapturing tax credits for businesses that relocate out of the state. It would require a penalty provision in the written agreement. The total amount of the credit received by the taxpayer would be added back to the tax liability of the taxpayer in the tax year that the taxpayer relocates outside of the state or fails to comply with the agreement.

Status
1/15/2019           REFERRED TO COMMITTEE ON FINANCE

 

SB 0235 of 2019

This bill creates an entertainment tax fund within the state treasury to allow for certain entertainment events to exercise tax on their admission charges, which are to be used to fund retirement and benefits for police officers and fire fighters of the qualified municipality in which the event took place.

Status
3/20/2019           REFERRED TO COMMITTEE ON FINANCE

 

HB 4077 of 2019

This bill would modify the effective date for a certificate under the circumstance that was approved by the required date of October 31 but not forwarded to a clerk until after that date.

The bill is understood to address the Ferris Wheel Building in Flint, which has been central to the city’s redevelopment projects. The bill would fix a clerical error that currently prevents the building from receiving tax incentives granted by the city in order to incentivize its rehabilitation for commercial purposes.

Status
3/20/2019           transmitted

 

HB 4091 of 2019

This bill would amend the Neighborhood Enterprise Zone (NEZ) Act to adjust the eligibility requirements to qualify as a rehabilitated facility. In addition, the bill would expand the reach of the act by removing location requirements to qualify as a homestead facility and low-income requirements (among others) to qualify as a local governmental unit.

The bill would remove criteria related to the location of the structure and define homestead facility as: an existing structure that has as its primary purpose residential housing consisting of one or two units, one of which is occupied by an owner as his or her principal residence.

The bill would define local governmental unit as a city, village or township.

Status
1/24/2019           referred to Committee on Commerce and Tourism

 

HB 4101 of 2019

This bill would amend section 204 of the Recodified Tax Increment Financing Act (2018 PA 57) that governs DDA boards. It would allow the CEO of a municipality to appoint a designee from the municipality’s governing body to serve on a DDA board in his or her place.

Status
3/6/2019             REFERRED TO COMMITTEE ON ECONOMIC AND SMALL BUSINESS DEVELOPMENT

 

HB 4159 of 2019

This bill would update the Brownfield Redevelopment Financing Act toincorporate reporting changes requested by the MEDC and DEQ to correct inadvertent errors in a 2016 amendment to the law. 

Status
2/6/2019             referred to Committee on Local Government and Municipal Finance

 

HB 4189, 4190, and 4191 of 2019

These bills would amend the Income Tax Act, Michigan Business Tax Act (MBT), and the Michigan Economic Growth Authority Act to allow a taxpayer that acquires a business being taxed under the MBT and receiving certificated credits to make a one-time election to be taxed under the MBT and continue to claim the acquired entity’s remaining certificated credits.

Additionally, the package would require that any amendment to an existing MBT certificated credit would need to reduce the term of the credit and/or the amount of the credit.

Finally, once a taxpayer’s certificated MEGA Employment, Brownfield Rehabilitation or Historic Preservation credits have been extinguished, the taxpayer is no longer eligible to pay taxes under the MBT and may not claim any other certificated credits and ensures that the cost of the credit is not expanded by the acquiring company.

Status:
2/14/2019           referred to Committee on Tax Policy

 

HB 4272 of 2019

This bill would require a business receiving a BDP grant to make “good faith efforts” to hire Michigan residents and contract with Michigan-based firms.

Also, to prohibit beneficiaries from discriminating against any contractor “on the basis of its affiliation or non-affiliation” with a union.

Status
2/28/2019           referred to Committee on Commerce and Tourism

  

This page is under construction.

Good News Stories

Great things are happening in your communities because hardworking and dedicated economic developers! Check out some good news stories of the past year, organized by region below. 

Northern Michigan

3/7/19 Marquette DDA Expands Downtown Facade Grant Program

11/5/18 Negaunee Set to Move Forward with Economic Development Plan 

11/2/18 Loan Pool Created to Stimulate Gogebic County Economy

Mid-Michigan

2/22/19 Laying the Foundation for Growth, Falcon Industries Opens New Headquarters

2/1/19 Ready for Redevelopment: Meridian Township Receives Community Certification

10/2/18 LEAP's PROTO Accelerator Launches InsurTech Platform

Southwest Michigan

3/6/19 Historic Buildling in Benton Harbor Expected to be Redeveloped 

2/28/19 Cornerstone Alliance Recruits Developer For Major Project in Downtown BH

1/3/19 Kinexus Provides Further Details on $1.9M Going Pro Talent Fund Grants

12/26/18 Kinexus Helps 40+ Local Companies Get Nearly $2M in Job Training Grants for 2019

Southeast Michigan

3/3/19 Downtowns Find They Have the 'Cool' Factor 

2/11/19 Macomb County Tops Country for Manufacturing Job Growth

1/23/19 How Three Metro Detroit Communities are Turning Commercial Districts Into New Downtowns

1/16/19 Hotels are Booming in Southeast Oakland County

12/13/18 ZEISS to Build New State-of-the-art Facility in the Detroit Metro Area

 

Thank You 2018 MEDA Sponsors

MEDA would like to show appreciation to those that supported us in 2018.

Please scroll down to see all of the sponsors and visit their webpages.

Corporate Sponsors

Consumers Energy
DTE Energy
Michigan Economic Development Corporation
Michigan Talent Investment Agency

Annual Meeting Sponsors

Corporate

Consumers Energy
DTE Energy
Michigan Economic Development Corporation
Michigan Talent Investment Agency

Gold

AKT Peerless Environmental and Energy Services
Bay Future, Inc.
Great Lakes Bay Michigan Works!
Midland Tomorrow
Saginaw Future Inc.

Silver

ACT, Inc.
Bronner's Christmas Wonderland
Delta College
Detroit Regional Chamber
Envirologic Technologies, Inc.
Hoyden Creative Group
Indiana Michigan Power
ITC - A Fortis Company
Lansing Economic Area Partnership (LEAP)
Localintel
Macomb County Department of Planning and Economic Development
McKenna
Michigan Department of Agriculture and Rural Development
Oakland County, Economic Development and Community Affairs
PM Environmental
Rudolph Libbe Group
Saginaw Valley State University
Stevens Worldwide Van Lines

Friends of MEDA

Ann Arbor SPARK
Battle Creek Unlimited
Butzel Long
Chase Bank
Chemical Bank
Frankenmuth Credit Union
Frankenmuth Downtown Development Authority
Frankenmuth Economic Development Corporation
Great Lakes Bay Regional Alliance
GreenStone Farm Credit Services
Huntington Bank
Michigan Gas Utilities
Michigan's University Research Corridor
Norfolk Southern Corporation
RACER Trust
Shaheen Development
Shiawassee Economic Development Partnership
Spicer Group
The Sterling Group
The Right Place, Inc.
The Wirt-Rivette Group

Co-Sponsor

MSU EDA University Center for Regional Economic Innovation (REI)

Basic Course Scholarships

Consumers Energy
DTE Energy
Indiana Michigan Power

Capitol Day

ITC Holdings

Emerging Leaders Spring Program

The Antero Group
SME

MEDA Regional Networking and Knowledge Exchange

Consumers Energy
DTE Energy
LandUseUSA
PM Environmental
SBAM Energy Solutions/Small Business Association of Michigan

The Fall Economic Development Fall Toolbox

Localintel

The Spring Economic Development Toolbox

Michigan Talent Investment Agency

Corporate Sponsors

consumers-energy dte-energy
michigan-economic-development-corp  TIA Work Share logo stacked

Contact Us

Michigan Economic
Developers Association
P.O. Box 15096
Lansing, MI 48901-5096
PH: 517-241-0011
meda@medaweb.org

Join Our Mailing List

Powered by Robly