Michigan HB5297 amends the Michigan Strategic Fund Act to reflect the elimination of specific programs and update reporting requirements.

Michigan HB5297 amends the Michigan Strategic Fund Act to reflect the elimination of the Strategic Outreach and Attraction Reserve Fund, Michigan Strategic Site Readiness Program, and Critical Industry Program. The bill updates the fund's annual report to exclude information on these programs and mandates new reporting requirements. These include details on financial assistance, job creation, and investment outcomes. The fund must also post certain documents on its website and transmit reports to specified legislative committees and officials.

Michigan HB5297 amends the Michigan Strategic Fund Act to reflect the elimination of specific programs and update reporting requirements.

Michigan HB5297 amends the Michigan Strategic Fund Act to reflect the elimination of the Strategic Outreach and Attraction Reserve Fund, Michigan Strategic Site Readiness Program, and Critical Industry Program. The bill updates the fund's annual report to exclude information on these programs and mandates new reporting requirements. These include details on financial assistance, job creation, and investment outcomes. The fund must also post certain documents on its website and transmit reports to specified legislative committees and officials.