MI HB4092

Effective July 1, 2009, municipalities cannot issue industrial development revenue bonds unless applicants certify in writing they will not knowingly hire or contract with businesses that employ unauthorized workers.

Applicants must make a good faith effort to employ Michigan residents or individuals planning to become state residents and to contract with Michigan firms for construction or improvement of industrial buildings.

Written agreements must include remedy provisions allowing revocation of the exemption certificate and potential repayment of benefits if applicants violate the employment requirements.

Applicants must report by February 1 following project completion on the number of Michigan residents employed, total jobs created, and details of good faith hiring efforts to the municipal governing body.

Municipalities must compile applicant reports annually by May 1 and submit to the Michigan Strategic Fund board; the Attorney General is responsible for enforcement.

Enactment is conditioned on passage of Senate Bills 502 and 539 of the 95th Legislature.