2013 Senate Bill 312 / Public Act 210

Revise college scholarship “promise zone” criteria

Introduced in the Senate

April 11, 2013

Introduced by Sen. Goeff Hansen (R-34)

To revise a <A href="http://www.michiganvotes.org/2007-SB-861">2008 law</A> authorizing local “promise zone” tax increment financing authorities (TIFA) to subsidize college tuition for students in low educational attainment areas, by also allowing these subsidies for vocational education or training, and for books and school supplies. The bill also gives the authorities more latitude in setting academic performance standards, including excluding students who score below a certain grade point average. Finally, it lets these entities reset the formula for their future tax increment "capture" amounts, since declining property tax assessments have reduced the amount of revenue they expected to collect.

Referred to the Committee on Economic Development

Oct. 8, 2013

Reported without amendment

With the recommendation that the substitute (S-3) be adopted and that the bill then pass.

Oct. 16, 2013

Substitute offered

The substitute passed by voice vote

Oct. 17, 2013

Passed in the Senate 38 to 0 (details)

Received in the House

Oct. 17, 2013

Referred to the Committee on Education

Dec. 11, 2013

Reported without amendment

Without amendment and with the recommendation that the bill pass.

Dec. 12, 2013

Passed in the House 96 to 13 (details)

To revise a <A href="http://www.michiganvotes.org/2007-SB-861">2008 law</A> authorizing local “promise zone” tax increment financing authorities (TIFA) to subsidize college tuition for students in low educational attainment areas, by also allowing these subsidies for vocational education or training, and for books and school supplies. The bill also gives the authorities more latitude in setting academic performance standards, including excluding students who score below a certain grade point average. Finally, it lets these entities reset the formula for their future tax increment "capture" amounts, since declining property tax assessments have reduced the amount of revenue they expected to collect.

Signed by Gov. Rick Snyder

Dec. 21, 2013