Michigan Information & Research Service Inc.
Michigan Information & Research Service Inc.

Economic

Blog tagged as Economic

Senate Dems OK Giving Communities 50% Of SOAR Bucks For 'Transformative' Projects

03/20/24 10:25 AM By Team MIRS - Comment(s)
Senate Dems OK Giving Communities 50% Of SOAR Bucks For 'Transformative' Projects
Fifty percent of the total funding appropriated into the Strategic Outreach and Attraction Reserve (SOAR) Fund will be directed to "transformative community investments," such as housing, transit and childcare services, under legislation approved by the Senate

36% Service Fee Cap On Payday Loans Moves

03/07/24 12:08 PM By Team MIRS - Comment(s)
36% Service Fee Cap On Payday Loans Moves
Throughout one whole year, a short-term payday loan provider could not charge service fees of more than 36 percent of the loan as residents pay it back, under legislation approved Wednesday 5-1 in the Senate Finance, Insurance and Consumer Protection Committee.

Anthony Leading This Year's Attempt To Cap Payday Loans

02/29/24 01:12 PM By Team MIRS - Comment(s)
Anthony Leading This Year's Attempt To Cap Payday Loans
Grand Rapids resident Samika Douglas refers to herself as "a victim of the payday loan."

New Hospitality Industry Coalition Wants $50M For Pure MI

02/07/24 04:52 PM By Team MIRS - Comment(s)
New Hospitality Industry Coalition Wants $50M For Pure MI
Tuesday, a collaborative of statewide and regional hospitality and tourism organizations, called the Michigan Hospitality and Tourism Alliance, announced its formation, along with a corresponding bicameral caucus.

Govs Prevailing Wage Policy Holds Up In Court

02/05/24 11:34 AM By Team MIRS - Comment(s)
Govs Prevailing Wage Policy Holds Up In Court
The Governor’s directive that prohibited the state from contracting with companies that don’t pay their workers union rates stands after a ruling from the Michigan Court of Appeals, that said the issue wasn't moot despite the Legislature reinstating prevailing wage.
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