Mich. Comp. Laws § 450.791
Short title.
This act shall be known and may be cited as "the business opportunity act for persons with disabilities".
Michigan Compiled Laws — THE BUSINESS OPPORTUNITY ACT FOR PERSONS WITH DISABILITIES (Act 112 of 1988)
Michigan · statute · 112 of 1988, Mich. Comp. Laws · 5 active provisions
Mich. Comp. Laws § 450.792
Definitions.
As used in this act: (a) "Business owned by persons with disabilities" means a business in which all of the following apply: (i) More than 50% of the voting shares or interest in the business is owned, controlled, and operated by 1 or more persons with disabilities. (ii) More than 50% of the net profit or loss attribut…
Mich. Comp. Laws § 450.793
Departmental goals; review of progress; recommendations; changes in programs; consideration of subcontracts and joint ventures; consideration in meeting requirements of subsections (1) and (3); award of contract to lowest qualified bidder; report.
(1) It shall be the goal of each department to award each year not less than 3% of its total expenditures for construction, goods, and services, less expenditures to sole source vendors, to businesses owned by persons with disabilities. (2) Each year, the department of management and budget shall review the progress of…
Mich. Comp. Laws § 450.794
Designation of certifying agency by governor; acceptable documentation; verification; application form; affidavit and documentation; proof required.
(1) The governor shall designate a department responsible for certifying that a person meets the requirements of this act. (2) Unless subsection (3) applies, in determining whether a person seeking certification is a person with disabilities, the certifying agency may accept documentation from 1 or more of the followin…
Mich. Comp. Laws § 450.795
Fraudulent procurement of contract prohibited; violation as felony; penalty.
(1) A person shall not fraudulently procure or attempt to procure a contract under this act. (2) A person who knowingly violates this act is guilty of a felony, punishable by imprisonment for not more than 2 years, or a fine of not less than $5,000.00, or both. (3) A person found guilty of violating this act shall be b…