Requires certain funds to be returned to the general fund.
Amends the Michigan strategic fund act to require that money in the strategic outreach and attraction reserve fund that is restricted, obligated, or committed at the close of the fiscal year must remain in the fund and not lapse to the general fund. The bill also requires the department of labor and economic opportunity to submit an annual report on the activities of the strategic outreach and attraction reserve fund.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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