Bill Text: MI SB1017 | 2011-2012 | 96th Legislature | Introduced
Bill Title: State financing and management; other; legislative tax expenditure review commission; create. Amends 1986 PA 268 (MCL 4.1101 - 4.1901) by adding ch. 7C.
Spectrum: Partisan Bill (Democrat 12-0)
Status: (Introduced - Dead) 2012-04-17 - Referred To Committee On Finance [SB1017 Detail]
Download: Michigan-2011-SB1017-Introduced.html
SENATE BILL No. 1017
March 13, 2012, Introduced by Senators HOPGOOD, WHITMER, WARREN, HOOD, GREGORY, YOUNG, BIEDA, JOHNSON, HUNTER, SMITH, GLEASON and ANDERSON and referred to the Committee on Appropriations.
A bill to amend 1986 PA 268, entitled
"Legislative council act,"
(MCL 4.1101 to 4.1901) by adding chapter 7C.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
CHAPTER 7C
Sec. 791. As used in this chapter:
(a) "Commission" means the legislative tax expenditure review
commission established in this chapter.
(b) "Tax expenditure" means the tax credits, deductions, and
exemptions enumerated in 1979 PA 72, MCL 21.271 to 21.296, and any
other tax credit, deduction, or exemption as determined by the
commission.
Sec. 792. (1) The legislative tax expenditure review
commission is created within the legislative council.
(2) The commission shall consist of the following 5 members:
(a) One member appointed by the speaker of the house of
representatives who is an economist associated with the university
of Michigan.
(b) One member appointed by the minority leader of the house
of representatives who is an economist associated with Michigan
state university.
(c) One member appointed by the majority leader of the senate
who is an economist associated with Michigan technological
university.
(d) One member appointed by the minority leader of the senate
who is an economist associated with Wayne state university.
(e) One member jointly selected by the speaker of the house of
representatives and the majority leader of the senate who is
associated with the Upjohn institute or a successor entity.
(3) The members first appointed to the commission shall be
appointed within 60 days after the effective date of the amendatory
act that added this chapter.
(4) Members of the commission shall serve for a term of 3
years. A member of the commission shall discharge the duties of his
or her position in a nonpartisan manner, with good faith, and with
that degree of diligence, care, and skill that an ordinarily
prudent person would exercise under similar circumstances in a like
position.
(5) If a vacancy occurs on the commission, the member shall be
replaced in the same manner as the original appointment.
(6) The first meeting of the commission shall be called by the
speaker of the house of representatives not later than 60 days
after the effective date of the amendatory act that added this
chapter. The member appointed by the majority leader of the senate
and the member appointed by the speaker of the house of
representatives shall be co-chairpersons of the commission. The
chairperson position shall rotate each month between the co-
chairpersons. The member appointed by the speaker of the house of
representatives shall be the chairperson of the commission for the
first month. At the first meeting, the commission shall elect from
among its members other officers as it considers necessary or
appropriate. After the first meeting, the commission shall meet at
least monthly, or more frequently at the call of the chairperson
for that month or if requested by 3 or more members.
(7) A majority of the members of the commission constitute a
quorum for the transaction of business at a meeting of the
commission. A majority of the members are required for official
action of the commission.
(8) The business that the commission may perform shall be
conducted at a public meeting of the commission held in compliance
with the open meetings act, 1976 PA 267, MCL 15.261 to 15.275.
(9) A writing prepared, owned, used, in the possession of, or
retained by the commission in the performance of an official
function is subject to the freedom of information act, 1976 PA 442,
MCL 15.231 to 15.246.
(10) Members of the commission shall serve without
compensation. However, members of the commission may be reimbursed
for reasonable and necessary expenses incurred in the performance
of their official duties as members of the commission, subject to
available appropriations.
(11) Not later than December 31, 2012, the commission shall do
all of the following:
(a) Review, investigate, and collect information regarding tax
expenditures.
(b) Evaluate each tax expenditure and determine whether each
tax expenditure is generating a good return on investment as
determined by the commission.
(c) Determine which tax expenditures should be continued,
modified, or repealed.
(12) Not later than October 1, 2013, the commission shall make
specific determinations of the items described in subsection (11)
and report those determinations to each house of the legislature
and the governor.