Michigan HB4491 revises the application process for the Critical Industry Program and Michigan Strategic Site Readiness Program.
Michigan HB4491 amends the application process for the Critical Industry Program and Michigan Strategic Site Readiness Program. It requires businesses to submit a hiring and promotional practices form attesting to merit-based hiring and promotion practices. The fund must consider specific criteria when approving applications, including the project's competitiveness, financial soundness, and potential for job creation. The fund must also establish a detailed application, approval, and compliance process.
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