An Act To Facilitate Long-range Planning in Certain Municipalities
CONCEPT DRAFT SUMMARY
This bill is a concept draft pursuant to Joint Rule 208.
This bill proposes to enact measures designed to facilitate the ability of so-called "one-industry towns" to plan for, and recover from, the closure of that one industry. The measures proposed by the bill may include, but are not limited to:
1. The imposition of a fee on any ancillary commodity produced by the industry, such as hydropower produced by a mill, and remitting the amount of the fee to the town;
2. A requirement that municipalities that are reliant on a single industry develop, with representatives of the industry, a long-term plan for the industry and any ancillary commodity produced by the industry; and
3. A requirement that an industry provide municipal officials written notice of its plan to terminate its business at least 90 days prior to the intended termination.