103rd Legislature

HB4773

Economic development: other; audit that would identify and return unspent money to the general fund for SOAR projects; require. Amends sec. 3 of 2018 PA 540 (MCL 18.1753) & adds sec. 7a. TIE BAR WITH: HB 4771'25

Introduced·8/19/25

Prefiled

Introduced8/19/25

Chamber Passed

Final Passage

Complete

Introduced Text

Michigan HB4773 mandates annual audits of SOAR program funds to ensure unspent money is returned to the general fund.

Michigan HB4773 requires the auditor general to conduct an annual audit and examination of each disbursement of money for a SOAR program or SOAR project. The audit must determine if any unspent money for a SOAR project must be repaid to the strategic fund, if a SOAR project has been canceled or placed on hold, and if any money for a SOAR project has reverted to the general fund.

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Where it stands

Current: Appropriations Committee
Next: Committee decision

History

HB4773 Michigan: Economic development: other; audit that…

HB4773

Where it stands

Sponsors

History

HB4773

Where it stands

Sponsors

History

HB4773

Where it stands

Sponsors

History

HB4773

Where it stands

Sponsors

History