2002 House Bill 5896 ↩

House Roll Call 663: Passed

To authorize the Michigan Economic Development Corporation to designate an additional five certified technology parks, and for Wayne, Oakland and Macomb counties only, to count ones located in the same county as one park. Certified technology parks are industrial parks in which infrastructure improvements that benefit the occupants are funded by tax increment financing, in which a portion of their future property taxes are reserved to pay for the improvements, rather than going to local governments.