Michigan § 125.2008 - Evaluation procedures; priorities; targets.
Full text of Michigan Michigan Compiled Laws § 125.2008 — Evaluation procedures; priorities; targets., with citation guidance and answers to common questions.
§ 125.2008. Evaluation procedures; priorities; targets.
The fund shall develop procedures to evaluate types of business and industry and to set priorities as to which types of business and industry are most likely to provide significant opportunities for jobs and economic development in this state, consistent with the purposes of this act and of the fund. This evaluation shall include, but not be limited to, the location of the firm and the direct and indirect impact of assistance on state revenues and expenditures. Priorities shall be based on this evaluation and may give preference to any of the following:
The retention of those businesses and industries which would be likely to leave the state absent economic incentives to remain.
The revitalization and diversification of the economic base.
Generating and retaining the greatest number of direct and indirect jobs.
Based on the findings under subsection (1), the fund shall establish targets by which the operations and centers of the fund may be guided.
Frequently Asked Questions About Michigan § 125.2008
What does Michigan Compiled Laws § 125.2008 cover?
Section 125.2008 ("Evaluation procedures; priorities; targets.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Michigan § 125.2008?
A common citation format is "Michigan Compiled Laws § 125.2008" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Michigan law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.
How does Michigan § 125.2008 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.