Michigan HB5244 prohibits the joint exercise of economic development powers by state agencies.

Michigan HB5244 amends existing law to prohibit the joint exercise of any power, privilege, or authority related to the economic development of the state. This includes preventing state agencies from entering into interlocal agreements that allow for such joint exercises. The bill also outlines provisions for interlocal agreements, including the creation of separate legal entities to administer these agreements, the allocation of revenues, and the handling of employee transfers and collective bargaining.

Michigan HB5244 prohibits the joint exercise of economic development powers by state agencies.

Michigan HB5244 amends existing law to prohibit the joint exercise of any power, privilege, or authority related to the economic development of the state. This includes preventing state agencies from entering into interlocal agreements that allow for such joint exercises. The bill also outlines provisions for interlocal agreements, including the creation of separate legal entities to administer these agreements, the allocation of revenues, and the handling of employee transfers and collective bargaining.