To revise a <a href="http://www.michiganvotes.org/2007-SB-861">2008 law</a> authorizing “promise zone” tax increment financing authorities (TIFA) to subsidize college tuition for students in low educational attainment areas, by allowing these authorities to more easily revise the academic performance standards they may or may not require students to meet; and also revise budget-related procedures, details of their board membership, minimum payment amounts, and more. It would also require annual audits of a zone's budget.
| 99 Yeas / 10 Nays | |
|---|---|
