Many communities across Michigan – in urban, suburban and rural areas – are looking to revitalize blighted, abandoned sites that are too costly to clean up or redevelop. Senate legislation on its way to the governor will help transform these difficult-to-develop properties into large-scale developments that attract investment and jobs, and generate new economic activity.
Senate Bills 111-115 will allow “transformational brownfield plans” to keep part of the new tax revenue they create in order to make the projects fiscally feasible while the rest of the revenue goes to local governments and the state. The legislation requires significant minimum private investment and mandates that projects provide a net fiscal benefit to the state. In addition, the bills cap the amount of the incentives and the overall number of projects to control annual costs.
To ensure the program’s benefits are spread throughout the state and not solely in large, urban areas, the legislation sets a target that 35 percent of approved plans be located in communities with less than 100,000 people. By encouraging economic development where it wouldn’t otherwise happen, communities can create new opportunities for dynamic growth and new tax revenue. The bills sunset in five years.
April jobless rate drops
Michigan’s unemployment rate fell for the second consecutive month to 4.7 percent in April. Manufacturing led the April job gains with other increases in leisure and hospitality services, professional and business services and other services. Total employment in Michigan has risen every month in 2017 with an average gain of 17,000 per month. The numbers show continued positive momentum as the average monthly total employment increase in 2016 was just over 8,000 per month.
New tip line for reporting fraud
A new toll-free telephone tip line is now available to report scams or fraudulent activity involving Michigan Department of State programs or documents, including those related to Michigan vehicles, identification, or elections. Anyone with knowledge of potential fraud is encouraged to call 1-844-372-8356 to report suspected violations.
Michigan’s Summer Free Fishing Weekend is right around the corner
Michigan offers some of the finest freshwater fishing in the world! Why not enjoy this great pastime during the state’s Summer Free Fishing Weekend, June 10-11?
Anglers, both residents and nonresidents alike, can fish without a license on these two days, though all other fishing regulations still apply. Entry into state public boating access sites, state parks and recreation areas is free of charge. Visit www.michigan.gov/freefishing for more information, including details on sponsored and state park events.
In addition, the June 10-11 date marks one of the summer’s Free ORV Weekends, a time off-road enthusiasts can ride DNR-designated routes and trails without buying an ORV license or trail permit. Find out more at www.michigan.gov/orvinfo.