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SB0651

Economic development: other; Michigan economic growth authority act; amend to reflect elimination of the Michigan strategic fund. Amends sec. 3 of 1995 PA 24 (MCL 207.803) & adds sec. 3a. TIE BAR WITH: SB 0631'25

Introduced·10/30/25
Introduced Text

Michigan SB0651 amends the Michigan Economic Growth Authority Act to reflect the elimination of the Michigan Strategic Fund.

Michigan SB0651 amends the Michigan Economic Growth Authority Act to reflect the elimination of the Michigan Strategic Fund. The bill updates definitions and provisions to align with the new economic development framework, ensuring that the Michigan Economic Growth Authority can continue to support eligible businesses and high-technology activities without reliance on the now-defunct Michigan Strategic Fund.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
Government Operations Committee
Next
Committee decision

Sponsors

0
2
RR
Democratic CaucusRepublican Caucus

History

Oct 30, 2025

Senate

Introduced By Senator Roger Victory

Oct 30, 2025

Senate

Referred To Committee On Government Operations