Governor signs Richardville SmartZone legislation
LANSING—The governor today signed legislation sponsored by Sen. Randy Richardville that will allow more Michigan communities to take advantage of SmartZones to expand their economic growth opportunities.
“SmartZones focus on growing technology-based firms, which are an important part of diversifying and strengthening Michigan’s economy,” said Richardville, R-Monroe. “The zones can help attract high-paying, high-tech jobs by encouraging businesses to operate in Michigan communities.”
Senate Bill 1203, now Public Act 104, will allow three existing SmartZones to join with another municipality to extend the zones. This will provide greater access to business incubators during this time of limited state funding. House Bill 5609, now Public Act 105, will create three SmartZones.
Richardville, who represents Grass Lake, Leoni, Norvell, and Summit townships in Jackson County, has worked extensively with residents and businesses in Jackson to help them secure one of the zones.
SmartZones are areas where business and school taxes can be captured to help pay for public infrastructure improvements.
Posted: Thursday, April 24, 2008
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