The department of Michigan jobs commission shall annually report to the legislature on the economic effects of this act in each renaissance zone. The report shall include, but is not limited to, all of the following for each renaissance zone:
(a) Number of new jobs created.
(b) Percentage change in aggregate taxable value and state equalized value.
(c) Average wage of new jobs created.
(d) Percentage change of adjusted gross income of residents.
History: 1996, Act 376, Imd. Eff. July 17, 1996
Compiler's Notes: For transfer of Michigan strategic fund from department of management and budget to department of labor and economic growth, see E.R.O. No. 2003-1, compiled at MCL 445.2011.