Michigan SB0632 amends the Renaissance Zone Act to modify the duration, extension, and criteria for designating renaissance zones for various.

Michigan SB0632 amends the Renaissance Zone Act to modify the duration, extension, and criteria for designating renaissance zones for various facilities. The bill allows for the extension of renaissance zone status for agricultural processing facilities, forest products processing facilities, and border crossing facilities under certain conditions. It also introduces new provisions for designating renaissance zones for renewable energy facilities, including criteria for designation and the duration of status.

Michigan SB0632 amends the Renaissance Zone Act to modify the duration, extension, and criteria for designating renaissance zones for various.

Michigan SB0632 amends the Renaissance Zone Act to modify the duration, extension, and criteria for designating renaissance zones for various facilities. The bill allows for the extension of renaissance zone status for agricultural processing facilities, forest products processing facilities, and border crossing facilities under certain conditions. It also introduces new provisions for designating renaissance zones for renewable energy facilities, including criteria for designation and the duration of status.