Michigan SB0631 creates the Bureau of Fair Competition and Free Enterprise, replacing the Michigan Strategic Fund and Michigan Economic Development.
Michigan SB0631 creates the Bureau of Fair Competition and Free Enterprise within the Department of Labor and Economic Opportunity. This new bureau replaces the Michigan Strategic Fund and Michigan Economic Development Corporation. The bill transfers all powers, duties, and functions of the Michigan Strategic Fund and Michigan Economic Development Corporation to the bureau. It also abolishes the Michigan Strategic Fund and Michigan Economic Development Corporation. The bureau will handle coordination of policies and programs related to job creation and economic growth.
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- Core Provisions
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- Legal Framework
- Critical Issues
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