Economic development: other; office of business permitting support; create. Amends title of 1984 PA 270 (MCL 125.2001 - 125.2094) & adds ch. 7A.
Impact
The creation of the Office of Business Permitting Support represents a significant effort to centralize resources related to business permits, offering a coordinated approach to managing the various licenses and approvals required by state agencies. This could reduce duplication of effort and make it easier for businesses to comply with regulatory requirements. By setting up a dedicated office, SB 279 reinforces the state's commitment to fostering a more business-friendly environment, acknowledging the challenges that companies face when dealing with complex bureaucratic processes.
Summary
Senate Bill 279 aims to amend the Michigan Strategic Fund Act by establishing a new chapter dedicated to business permitting support. The bill seeks to create the Office of Business Permitting Support, which will be tasked with assisting Michigan businesses in navigating state permit requirements and streamlining the permitting process. This initiative is intended to facilitate a more efficient approach to business operations in the state, aligning with the broader goal of enhancing economic development.
Contention
While the bill generally receives support for its potential economic benefits, stakeholders may raise concerns about the balance between facilitating business operations and ensuring adequate regulatory oversight. Critics might argue that the push to streamline permit processes could inadvertently lead to lapses in environmental protections or other regulatory frameworks. The bill's broader implications on state laws concerning the responsibilities of various state agencies and ensuring that health and safety standards are maintained may also spark debates among lawmakers and public interest groups.
State management: other; denial of certain state economic development incentives for businesses listed on the registry; provide for. Amends 1984 PA 270 (MCL 125.2001 - 125.2094) by adding sec. 15.
Economic development: other; strategic and operational advisory board; create, and provide for the development of strategic and operational plans. Amends title of 1984 PA 270 (MCL 125.2001 - 125.2094) & adds sec. 9c. TIE BAR WITH: SB 1117'24
Economic development: other; economic incentives to certain foreign countries; prohibit. Amends 1984 PA 270 (MCL 125.2001 - 125.2094) by adding sec. 7c.
Economic development: other; strategic and operational advisory board; create and provide for the development of strategic and operational plans. Amends 1984 PA 270 (MCL 125.2001 - 125.2094) by adding secs. 9a & 9b. TIE BAR WITH: SB 1116'24
Appropriations: supplemental; economic development incentive evaluations for SOAR projects; require. Amends secs. 3, 5 & 7 of 2018 PA 540 (MCL 18.1753 et seq.) & adds sec. 7a.
Economic development: other; audit that would identify and return unspent money to the general fund for SOAR projects; require. Amends sec. 3 of 2018 PA 540 (MCL 18.1753) & adds sec. 7a.
Economic development: Michigan strategic fund; community investment tax credit program; create. Amends 1984 PA 270 (MCL 125.2001 - 125.2094) by adding sec. 88u. TIE BAR WITH: HB 6020'24
Economic development: other; economic incentives to certain foreign countries and entities; prohibit. Amends 1984 PA 270 (MCL 125.2001 - 125.2094) by adding sec. 7c.