Amends the State Convention Facility Development Act to reflect the elimination of the Michigan Strategic Fund.

This bill amends the State Convention Facility Development Act to reflect the elimination of the Michigan Strategic Fund. It modifies the distribution of funds from the convention facility development fund, ensuring that any remaining funds after certain distributions are allocated to qualified local governmental units, metropolitan authorities, and for substance abuse treatment. The bill also specifies the distribution of funds for capital expenditures, operational costs, and other purposes. The changes take effect only if Senate Bill No. 631 of the 103rd Legislature is enacted into law.

Amends the State Convention Facility Development Act to reflect the elimination of the Michigan Strategic Fund.

This bill amends the State Convention Facility Development Act to reflect the elimination of the Michigan Strategic Fund. It modifies the distribution of funds from the convention facility development fund, ensuring that any remaining funds after certain distributions are allocated to qualified local governmental units, metropolitan authorities, and for substance abuse treatment. The bill also specifies the distribution of funds for capital expenditures, operational costs, and other purposes. The changes take effect only if Senate Bill No. 631 of the 103rd Legislature is enacted into law.