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MI HB6119

Bill

Status

Passed

10/14/2020

Primary Sponsor

Cynthia Neeley

Click for details

Origin

House of Representatives

100th Legislature

AI Summary

  • Distributes $5,000,000 to a metropolitan authority for fiscal year ending September 30, 2020, plus an additional $7,000,000 for COVID-19 related operational costs in the same fiscal year.

  • Allocates $8,000,000 for fiscal year ending September 30, 2021; $8,000,000 for fiscal year ending September 30, 2022; $7,000,000 for fiscal year ending September 30, 2023; $6,000,000 for fiscal year ending September 30, 2024; and $5,000,000 for fiscal year ending September 30, 2025 to a metropolitan authority for qualified convention facility operational costs.

  • Authorizes up to $5,000,000 annually for fiscal years 2020-2022 to support street railway system operations if convention facility development fund revenue exceeds specified distributions.

  • Provides up to $4,000,000 for fiscal year ending September 30, 2021 to the Michigan strategic fund for grants to publicly owned convention centers negatively impacted by COVID-19, with a $1,000,000 maximum per facility.

  • Transfers $10,000,000 from the convention facility development fund to the state general fund for fiscal year ending September 30, 2020 before other distributions are made.

Legislative Description

Economic development: other; fund shift for the convention facility development fund; provide for. Amends sec. 10 of 1985 PA 106 (MCL 207.630).

State financing and management: budget

Last Action

Assigned Pa 205'20 With Immediate Effect

10/14/2020

Committee Referrals

Appropriations8/17/2020

Full Bill Text

No bill text available